Infrastructure Construction Boom Setting Up India as Global Steel Savior with Its Steel Demand Forecasted to Grow by 6.7% in 2023
Due to the fact that both the US and Europe likely heading into recessions, India has emerged as a savior for flagging global steel demand. Poised to overtake China as the world’s most populous country next year, India is in the midst of a building boom. Prime Minister Narendra Modi is seeking to modernize roads, rail networks and ports. That’s set to translate into a 6.7% jump in s...
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