Tag: Steel and Iron Ore Market Dynamics – Looming Scarcity?

India – perhaps the lone bright spot on the global steel map – is likely to witness its production of crude steel increasing by roughly 11% y-o-y to 142 million tonnes (mnt) in financial year 2023-2024 (FY’24) compared with 127 mnt in FY’23, as per projections by BigMint based on statistical dissection of available data.…