05
Feb
13:36
India budgets increased rail construction, manganese ore spending
India has allocated INR 7,976.62 crores ($1.12 billion) of spending to its steel industry public sector enterprises in the fiscal-year-through-March 2021 (FY21) government budget. The revised spending figure for the current fiscal year is INR 7,708.09 crores compared to a previously budgeted INR 9,019.26 crores.
The budget has also allocated INR 12,000 crores to new railway line construction in FY21 versus a revised FY20 figure of INR 7,881.60 and budgeted FY…
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Anonymous
Very good overview of the weekly steel market.
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