India Ratings and Research (Ind-Ra) said in a report that it estimates steel demand to grow in the range of 7%-9% YoY for FY24 compared to 12% in FY23. The growth is primarily driven by a continued rise in government ...

Steel industry is expected to grow during the current fiscal with production increasing by 3-5% and the consumption rising by 9-10%, according to CareEdge report. CareEdge said that the steel production grew by 6.4% and consumption rose by 11.4% from ...