Rise and Decline of IISCO: Lessons from Bengal’s Steel Industry

IISCO’s blast furnaces, open-hearth furnaces and rolling mills had become technologically outdated. Even as the global steel industry shifted toward basic oxygen furnaces — a far more efficient method of steelmaking — IISCO continued relying on traditional open-hearth furnaces, where steelmaking cycles were significantly slower and more energy intensive. Frequent mechanical failures led to repeated […]

Rise and Decline of IISCO: Lessons from Bengal’s Steel Industry Read More »