Nepal’s steel industry has been exhibiting a constant growth in recent years. With a steel demand of roughly 2.5 mn t pa, the country has been focusing a lot on reconstruction. The country’s construction sector is said to contribute 10-11% in its GDP. With upcoming infrastructure and power transmission & distribution projects, steel demand in the country is likely to gain momentum. 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%.
Key points of discussion
- To gauge the current scenario of Nepal’s steel industry and impact of COVID
- To discuss on the challenges faced by domestic steel mills – electricity, quality issues, skilled manpower etc.
- Outlook on steel prices, production and domestic demand
- To understand the future of raw material demand and supply scenario
- Will demand for sponge iron imports in Nepal increase in the near term?
- To learn about the new opportunities/expansion plans in steel sector in Nepal
Time: 02 Sept (Thu) 13:00 hrs
- Mr. Pradeep Kumar Shreshtha – Managing Director – Panchakanya Group, Nepal
- Mr. Anurag Sharma – Director & Business Head at Jagdamba Steels, Nepal
- Mr. Sanjay Agarwal – Joint Managing Director, Shyam Metalics and Energy Limited, India