Bulletin Updates

Updated forecast for increased domestic steel demand – 24 Mar 2023

Mar 24, 2023

The revised outlook for domestic steel demand estimates a growth of 7-8% for the next fiscal year, up from its previous projection of 6-7%. The increase is attributed to the central government's capex outlay in FY2024. Which has also revised its steel consumption growth estimate for FY2024 to 7-8%.

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