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15 Apr
11:17

India emerges as strongest steel-demand growth driver: worldsteel

“India has emerged as the strongest driver of steel demand growth since 2021,” says the World Steel Association (worldsteel) in its latest Short-Range Outlook report. The country’s steel demand growth is forecasted to grow by 8.2% year-on-year to 144.3 million tonnes in 2024, notes Kallanish. It is projected to increase by 8.2% on-year again to 156mt in 2025. India’s steel demand stood at 133.4mt in 2023. And, Indian steel demand in 2025 is…
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