12
Oct
14:24
Indian steel growth relies on domestic demand: ICRA
After a decade of slow steel growth, domestic steel demand in India is expected to grow exponentially in the coming years, says rating agency ICRA.
According to ICRA, domestic steel demand surged 11.1% on-year in the first half of the fiscal year ending 31 March 2023 (FY23). This follows the robust growth trend that began in FY22, when it grew by 11.4% on-year, helped by a low base effect. The result is that India is now the world's fastest-growing major steel…
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Anonymous
Very good overview of the weekly steel market.
Anonymous