[ad_1] KOLKATA: The union steel ministry is betting big on an increase in domestic consumption of steel led by planned investments of nearly Rs 4 lakh crore in infrastructure sector. While steel consumption increased by nearly 3 per cent, in 2016-17, the steel minister urged the industry to ensure that the rate of growth goes […]
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[ad_1] ET INTELLIGENCE GROUP: The Cabinet\’s decision to make it mandatory to use domestic steel for all government projects aims at fostering growth of value added steel products used in defence, nuclear and power applications, and which cost two-three times the regular steel products. However, in the short to medium term, it may not have
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[ad_1] KOLKATA: India is set to witness an uptrend in demand for high value added steel led by thrust on domestic production in defence, ship building, renewable energy and automobile sectors under the government’s Make in India programme. This is also expected to turn into a focus area of growth for domestic producers, S&P Global
