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15 Oct
10:44

Indian demand to jump back over 100mt

Indian steel demand will reclaim the 100 million tonnes mark this year after recovering from the severe second Covid-19 wave that hit in the second quarter, says worldsteel. Although this wave disrupted output across all sectors, putting a break on post-Covid-19 recovery, its economic impact was much smaller than the first wave due to more localised lockdowns. Worldsteel forecasts Indian finished steel demand to surge 16.7% on-year in 2021 to 104.3 million tonnes,…
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