With Prime Minister Narendra Modi looking to modernise roads, rail networks and ports, steel demand is expected to jump 6.7 per cent to around 120 million tonne in 2023, according to the World Steel Association, the highest growth among major economies. India, which also saw a similar expansion this year, overtook the US to become the world’s No. 2 steel consumer after China.
Contact: World Steel Association
Website: worldsteel.org
