- With a steel demand of roughly 2.5 mn t pa, Nepal has been focusing a lot on reconstruction. The country’s construction sector is said to contribute 10-11% in its GDP.
- Nepal imports nearly 1-1.5 mn t semi-finished steel and 1 mn t finished steel annually (both flats and longs) with India being the largest supplier with a share of ~95%.
- With upcoming infrastructure and power transmission & distribution projects and the recent budget by the Government of Nepal (GoN) targets to reduce reliance on imports by 20% in the next fiscal year steel demand in the country is likely to gain momentum.
- The government’s policy of encouraging the iron rod industry to produce billets within the country itself has lead to a total of NPR 8.44 billion is being invested in a new steel industry as well as in the few mills that are currently operational.
- About ~32 iron rod and steel units are operational in the country. However, only around 20% of these have been producing billets in the country using sponge iron and scrap.
- The total annual capacity of the existing industry is about 3.5-4.0 million tonnes per annum and the annual steel demand is about 2-2.5 million tonnes.
- According to Nepal Cement Producers’ Association, the Himalayan nation has the potential of exporting cement worth NRs.150 billion.
- Subsidy of 8 per cent in cash to companies exporting cement using Nepali raw materials.
- 4.2% GDP growth
- 30 Million Population
- Sponge Iron import up by 120%, likely to cross 5,00,000 t in CY’22
- Pig Iron imports crossed 47,000 t in CY’22
- 1 MnT of Billet Imports annually
- 1 MnT of Finished Steel Imports annually
- 5 MnT of Steel Melting capacity by 2025
- 22 MnT annual cement production capacity.
- ~77% of India’s total coal export goes to Nepal
Key Focus Areas
- To gauge the current scenario of Nepal’s steel industry – Macro & Micro overview
- Key government policies impacting the industries.
- Sponge iron future outlook for CY’23, will the import cross 1-mnt mark by CY’23
- Cement industry at Nepal – Exploring the Opportunities
- Rising importance of quality steel production through IF route.
- Current challenges faced by the Steel industries
- Backward integration — a way to manage margins?
- Nepal coal import overview, opportunities & challenges.
- Opening Address : Government policies and their impact on Nepal’s economy
- Changing dynamics of global steel markets
- Outlook on Nepalese steel and cement industries
- Raw material sourcing options for Nepalese steel and cement industries
- Price outlook on key steelmaking raw materials
- Technical Session: The right mix of feedstock in steel melting from Nepal’s perspective
- Technical Session: Focus on steel melting technologies & improving efficiencies
Madhu Kumar Marasini
Secretary, Ministry of Industry, Commerce & Supplies, Nepal
Pradeep Kumar Shrestha
Panchakanya Group, Nepal
President, Federation of contractor’s Associations of Nepal
President Cement Manufacturers Association, Nepal
Chairman, Nepal Chamber of Commerce
Vishnu Kumar Agrawal
President, Confederation of Nepalese Industry
Director, Sales and Business Development
Director & Business Head (Steel)
Jagdamba Steels Ltd. (Nepal)
Dr. Swaren Bedarkar
VP (Projects Metallurgy)
Electrotherm (India) Ltd.
Megatherm Group, India
Ashok Steel Industries (PRIVATE) LTD, Nepal
Jagdamba Enterprises Pvt Ltd, Nepal
Rajesh Kumar Agrawal
Managing Director – Arghakhanchi Cement Pvt.Ltd., Nepal
Jeewani Fuels Private Limited
Executive Director – Panchakanya Group, Nepal
Director, Vijay Shri Steel Private Limited, Nepal
Director, Hulas Steel Industries, Nepal
CEO, New India Electricals, India
Managing Director, Cyrus Vibration Machines India Private Limited
Varun Jay Rana
COO, YOGIJI DIGI, India
Chief Representative – India, Macsteel International Far East Limited
General Manager (International Trade Division), SAIL, India
Assistant General Manager, Inductotherm (India) Pvt. Ltd
Abhijit Sur Roy Chowdhury
Head – Iron Ore Trading (Minerals)
Tata International Limited, India
Plant Head – Giridhan Metals Pvt. Ltd