12
Jun
13:30
Ind-Ra forecasts growth in Indian steel demand
India Ratings and Research (Ind-Ra) forecasts that Indian steel demand will increase by 9-12% for fiscal year 2025 (FY25), notes Kallanish.
The forecast is based on steady growth in industries such as automobile and infrastructure.
This expected demand follows a 13.8% rise in FY24 and an average annual growth of 8% over the last five years.
Rohit Sadaka, director and head of materials and diversified industrials at Ind-Ra, says: "We expect the domestic de…
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Anonymous
Very good overview of the weekly steel market.
Anonymous