2019 Could Be a record year for Indian steel consumption

by David Fleschen

India’s domestic steel demand is expected grow more than 7% this year and is likely to cross the 100 million metric ton threshold, according to The (India) Economic Times.

“Investment-driven sectors such as construction, capital goods and railways are likely to maintain the healthy growth momentum driven by infrastructure projects,” The Times reported, citing a forecast from the Indian Steel Association.

Source: Association for Iron and Steel, Photo: Fotolia

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