India’s 2022 steel consumption seen strong amid muted prices, infra push

India's 2022 steel consumption seen strong amid muted prices, infra push

The government’s thrust on infrastructure, coupled with an increase in demand from the construction, engineering, and other sectors, is expected to push up domestic steel consumption in 2022, according to brokerages and rating agencies. The country’s consumption is expected to jump to 111 million tonnes (mt) in calendar year 2022 (CY22) after a severely impacted CY20, which […]