#Indian#Steel#Industry has been on the #growth for H1 in this FY21-22 and has grown substantially Y-o-Y wrt FY20-21, also over pre pandemic period of FY19-20. Most important to be noted this fiscal year it is likely to beat the Indian Steel Industry record production of FY18-19.
#Steel#prices are peaking due to #raw#material#costs, #power, #labour and domestic demand is still to boom large. If #domestic#demand arises naturally exports are likely to fall or maybe #exports shall continue for good prices with global demand and improved #capacity#utilisation in India.
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