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SWOT Analysis: Strength: Availability of iron ore and coke

The major steel producing countries are China, Japan, US, Russia, India, South Korea while major steel consuming countries are China, US, Japan, South Korea, India, Russia. SWOT Analysis: Strength: Availability of iron ore and coke, Low wage labour; Weakness: High cost of capital, Cyclical in nature, Low productivity, Inadequate infrastructure; Opportunity: Govt. Subsidy given to auto Industry, Infrastructure demand; Reduction in price of key raw materials and fuel; Threat: Steel prices coming down; Threat of substitute (Aluminum); Dumping from China; Slowdown of economy.

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