The Indian steel industry is poised for strong growth with 430 million tonnes of annual demand with a production capacity of 500 million tonnes by 2050 India requires a strong demand for clean, low carbon steel to decouple industrial emissions from economic growth India is witnessing a significant...
The steel industry’s outlook for the next ten years remains fragile. Company leaders can adopt a strategic approach to ride out uncertainties and mitigate risk while the industry is being reshaped. Despite unprecedented volatility,the first half of 2022 remained strong for steel players,...
Regarding the directionality of these pathways, to what extent could these efforts lead to green transformation of the production of steel in India? Drawing from interviews with informants with knowledge of this sector, and various government and industry documents, we found that there is a ...
Key Focus Areas Changing dynamics of the Indian steel industry Overview of Indian steel market The Indian steel growth story India’s emergence in the global market Price outlook Factors driving steel prices in India and globally – Cost push or higher demand? Impact of change in export duty str...
Statistics for the 2024 Structural Steel Fabrication in India market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Structural Steel Fabrication in India analysis includes a market forecast outlook to 2029 and historical overview. Get a...
India's steel consumption is expected to grow by 5%-6% this year, on the back of government's expenditure towards infrastructure and construction. With NDA being voted back to power, the focus will continue to remain on infrastructure development, CARE Ratings said in its latest Outlook for the...
Iron ore costs and finished steel prices appear to be on a downward trend. As at Q4 2023, we expect the bottom of the price cycle (the next pricing trough) to occur in mid-2025. Why not check out our 2024 / 2025 market outlook to learn more?
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Mr. Frank (Shaoliang) ZHONG is Deputy Director General of the World Steel Association and Chief Representative of the association’s office in Beijing. His main focus includes the outlook of the global steel industry as w...
1. China’s bearish outlook on property market Market participants expect the Chinese real estate market to continue weighing on steel demand in 2024, especially for rebar, amid continued concerns over property developers’ debt ratio and the eroding investment value of houses. ...