India Remains World’s Fastest-Growing Major Steel Market as Demand Set to Reach 186.2 Million Tonnes by 2027
According to the World Steel Association, India's steel demand is expected to reach 172.4 million tonnes in 2026, representing growth of 7.9% over the previous year. The projected increase reflects continued expansion across several major steel-consuming industries, particularly construction, infrastructure development, machinery manufacturing and automobile production.
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- Section
- Business
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- Economy & RBI
- First reported by
- Dharmakshethra - India Unabridged
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- kautilya
- Published
- Wednesday, 14 October 2026, 12:30 pm IST
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- One outlet so far
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