Industry Profile on Stainless Steel

Topics: Steel, Stainless steel, Molybdenum Pages: 3 (907 words) Published: August 6, 2012

The Indian Stainless Steel Development Association (ISSDA) is the unifying point for the growth and development of stainless steel usage in India. Founded in 1989 by leading stainless steel producers, it was formed with the explicit objective of diversifying the applications of stainless steel in India and increasing usage volumes in the country. At the point of formation of ISSDA, the main visible application in daily life was essentially household kitchenware. It currently has a membership of over 145 companies engaged in the stainless steel business. Through the focused efforts of ISSDA and its member companies, the widespread and visible use of stainless steel in different walks of life is all too evident, especially in the Architecture, Building & Construction (ABC) and the Automotive, Railway and Transportation (ART) sectors. All-stainless steel railway coaches, Delhi Metro coaches, wagons for carrying coal & minerals, airports, corporate buildings, retail shops & shopping malls, the ever-wider use by the hospitality industry, even bus stands, railway platform roofs, building hardware - you name it and stainless steel is making its presence felt there. It has become the most aspired material of construction for thousands of small and big things, apart from the chemical and food process industry where the use of stainless steel is mandatory. Such a change of fortunes for this material has made been possible through unremitting creation of awareness about the benefits of stainless steel amongst engineers, architects, designers, railway men and a host of professionals responsible for specification of materials of construction and at the same time providing help to fabricators to fabricate and finish stainless steels in technically correct manner. Stainless steel production in India has increased from 0.5 million tonnes in 1994-95 to 1.76 million tonnes in 2004-05.

We firmly believe that in the ABC and ART sectors, we have only...
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