The steel sector, one of the country’s core industries, contributes about 2 per cent to GDP. At present, the infrastructure and construction sectors are the biggest consumers of steel, accounting for about 50 per cent […]
Steel forms a significant part of the “material requirement” for infrastructure development. Government’s continued focus on infrastructure development translates to significant opportunity for steel manufacturers, as the metal finds extensive use in such projects. Steel […]
Jayanta Roy, Group Head, Corporate Headings, ICRA The steel industry is inherently cyclical and follows the typical “boom-bust” commodity cycle. For the industry, while demand is influenced by local conditions, prices are influenced largely by […]
The Indian steel industry is dominated by the private sector, which accounts for an 80 per cent share of the total market in terms of production. In terms of capacity too, while the steel capacity […]
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