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Synopsis There have been revolutionary changes in the global steel scene with fierce competitive pressures on performance, productivity, price reduction and customer satisfaction. National boundaries have melted to encompass an ever increasing world market. Sagging prices have spelt turmoil in the industry. The future is challenging and holds great promise if right steps are taken because of the inherent qualities of steel. The book attempts an in-depth analysis of existing and futuristic prognosis for the world and Indian steel scene, effects of globalisation, technological developments, availability of raw materials, metallics balance, threats posed by substitute materials, global competitiveness, pricing, mergers and acquisitions etc. Econometric models and tools are used to forecasts demand estimates for the shsort and medium term. Also an indicative assessment for the long term (2025) has been made. Finally, the book attempts to draw up policy prescriptions for the Government, industry and financial institutions. Indian and global steel community, policy makers and students of allied subjects may find the book useful.