1Assistant Professor of
2Assistant Professor of
Steel is one of the most important products of the modern world and is of strategic importance for any industrial nation. From construction industrial machinery to consumer products, steel finds a wide variety of applications. The progress of the steel industry has a critical influence on the pace of India's development and as such great importance is attached to capacity expansion in line with expected demand at cost and price which make Indian steel internationally competitive. India is expected to become the world's second largest producer of steel in the next 10 years, moving up from the third position, as its capacity is projected to increase to about 300MT by 2025. Companies should design a balanced capital structure, use fixed assets efficiency, adopt credit policies, apply modern inventory and cash management systems and control operating costs to improve and maintain the financial performance in future.
Fixed Assets Efficiency, Credit Policies, Modern Inventory and Cash Management Systems
