Tag: How did Indian steel and raw material industry perform in FY’24?

India’s crude steel headed north by 14% in FY’24 to 144 mnt compared to 126 mnt in FY’23. The growth was undoubtedly spearheaded by the IFs whose output grew 25% to 50 mnt against 40 mnt in FY’23 while the EAFs showed 12% growth to 31 mnt. Capacity expansion of around 10 mnt by major…