Tag: India’s Quarterly Steel Consumption (Q1’19-Q3’22)

India’s steel consumption in Q3’22 (till Aug) was 17.8 million tonnes (mnt). However, the country’s steel consumption in Q2’22 increased by 11% year-on-year (y-o-y) to 25.5 mnt from 23 mnt in Q2’21. The government is expecting steel demand to increase in Q3, it being a “good” period for construction activities. “Demand will increase towards the…