SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

India surpasses Japan to become 2nd leading steel producer in the world

23 May 2017 Evaluate

Supported by the government’s various initiatives, India has surpassed Japan to become the second leading steel producer in the world. According to data released by the International Stainless Steel Forum (ISSF), the country has registered a growth of about 9 per cent, making 3.32 million tonnes of steel in 2016 as against 3 million tonnes in 2015. China remained the world’s leading producer, while the U.S. ranked fourth in production at 2.48 million tonnes.  

Praising the great development of the industry, the Indian Stainless Steel Development Association (ISSDA), India's apex stainless steel industry association said that country’s sustained efforts in collaboration with industry has made this possible and has urged the government to continue the policy support to take the Indian stainless steel industry to newer heights.

ISSDA has further expressed optimism over recently launched National Steel Policy, noting that it will give impetus for long term benefits. It added that several government initiatives like 'Make in India', smart cities, focus on improving sanitation and waste management facilities, building new infrastructure etc is likely to give a strong push to the stainless-steel industry in future.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: