The Indian steel industry is faced with a paradox: Rising demand and falling prices. Demand continues to surge as user industries gather pace, with the World Steel Association projecting around 9 per cent annual growth for India over 2025 and 2026, the year domestic demand is projected to be almost 75 million tonnes (mt) higher than in 2020.
'The Budget will be positive, continuing on the path of growth taken so far.'
'Enterprises have become more demanding in terms of their productivity expectation from their employees.'
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