Real Assets

'steel Demand To Grow 10-11% Annually Over Next 3 Yrs' | Business Standard News

by posted 2years ago 83 views
Demand for steel in India is likely to see an annual growth of 10-11 per cent over the next three years, buoyed by a firming trend in the construction sector, among other factors, an official said. "Going forward we have the potential of domestic steel demand growing at 10-11 per cent for another three years consequently if nothing extraordinary happens. But in normal circumstances I would expect that," Joint Plant Committee(JPC) Chief Economist A S Firoz told PTI. Domestic steel demand grew at 8 per cent in the first quarter of 2018-19, he said.

In this article