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Indian Steel Demand Over the Years

April 18, 2019, 2:56 p.m.

Demand in India is largely being driven by the infrastructure sector.With automobile sales decelerating further in recent months, the fear is that a prolonged slowdown could impact steel demand in the coming months. According to Edelweiss Securities Ltd, about 20% of total steel in India is consumed by the automobile sector.

FY Growth
FY16 4.5%
FY17 2.6%
FY18 7.9%
FY19 7.5%


hashtags: #steel #infrastructure #steelgrowth #steeldemand #analysis

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