26
May
12:19
India demand growth to exceed 7%: steel association
The Indian Steel Association (ISA) forecasts domestic steel demand to grow 7.5% on-year in the fiscal year through March 2024 (FY24) to 128.85 million tonnes. This should be followed by 6.3% growth the following year.
“In an otherwise gloomy global economic environment, India has been a bright spot, defying global trends,” ISA says in a note sent to Kallanish. The country’s GDP grew 7% last fiscal year and is projected to grow 6.4% this year. It …
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Anonymous
Very good overview of the weekly steel market.
Anonymous