Tag: Steel Capacity
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How Much Steel Capacity is India likely to Add in Next 3-4 Years?
In the last fiscal year 2017-18 that ended in Mar’18, Indian firms churned out record quantity of steel at 102.19 MnT (a y-o-y growth of 4.3%) as the government took steps to protect steelmakers, India’s construction activity rebounded and China closed down its illegal capacities. In the ongoing fiscal year of 2018-19, India’s domestic steel…