India’s economic growth is positively correlated with the growth of its steel industry. Steel continues to have a strong hold over traditional sectors such as construction, housing, roads and railways. The steel sector accounts for […]
The global steel industry is currently characterised by excess capacity, a challenge that continues to plague the sector. This has had a bearing on international steel prices and the profitability of steel producers, and has […]
India’s finished steel production has been growing at a compound annual growth rate (CAGR) of 8.39 per cent during the five-year period from 2012 to 2017. As of 2016-17, the country’s finished steel production stood […]
China has been the biggest producer and consumer of steel in the past decade. However, in recent years, it has been facing a problem of oversupply due to excess capacity. As a result of its […]
Steel has very strong linkages with the economy. Steel products can be grouped under two broad categories, flat and long. Flat products are used in automobiles, appliances, pipelines, etc., whereas long products are used mainly […]
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