24
Apr
15:33
Worldsteel foresees strong but slowing Indian demand growth
Following growth of 8.2% in 2022, Indian steel demand is expected to grow by 7.3% on-year in 2023 and 6.2% in 2024, says worldsteel in its April short-range outlook seen by Kallanish.
The association adds that demand will rise significantly due to strong government spending on infrastructure.
"India remained a bright spot in the global steel industry in 2022," worldsteel informs. "Having managed inflation well, the Indian economy is on a healthy gr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous