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Steel sector outlook in FY22: India and beyond

Updated : April 17, 2021 09:35:44 IST

India is ending FY21 with a total steel consumption of around 95-97 million tonnes of steel which is nearly 5 percent lower than the previous year.
In FY22 the budget has announced a capital investment target of Rs 5.4 lakh crores that is more than a 34 percent increase compared to BE FY21.
The Global demand for steel had been projected by WSA in October'20 to be growing at 4.1 percent in 2021.
Steel sector outlook in FY22: India and beyond
Published : April 17, 2021 09:35 AM IST

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