Tag: India’s macroeconomic indicators (Mar’24-Mar’25)

India’s steel industry staged a recovery in March compared to the downtrend in February, with relevant macroeconomic indicators showing an improvement m-o-m. Crude steel production increased m-o-m in March, and so did coal and iron ore output. Parallelly, the manufacturing segment strengthened, as evidenced by an uptick in the purchasing managers’ index (PMI), automobile sales,…