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14 Sep
12:28

Government investments to lift Indian steel demand: ICRA

Indian steel demand is poised to grow 9-10% on-year in the fiscal year ending 31 March 2024 (FY24). The growth will come mainly on the back of the government's accelerated infrastructure spending ahead of the elections, rating agency ICRA says in a report seen by Kallanish. "An accelerated pace of infrastructure spending ahead of the 2024 elections by the central government has ensured strong demand momentum for the domestic steel industry in the current …
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