The steel and metal industry stands at the crossroads of transformation, where innovation and sustainability are the driving forces of change. Global steel demand from India in H1 FY 24 fell by around 15%, driven by competitive offers from China and increased domestic allocation. We are also witnessing significant volatility as sharper focus on inflation control and continuing fallouts of the Israel-Hamas war pose challenges to global growth. In India, however, the steel and metal sector is expected to fare well, driven by the government’s push to infrastructure development and housing along with a robust automobile sector. Thus, demand in India is expected to remain strong, while globally, moderation is likely.
Indeed, India is expected to be the poster boy of the global steel and metal sector and should witness a strengthening of fundamentals, driven by strong domestic demand, healthy resource availability, and only a mild contraction in prices.
SteelMint will set the context, followed by a panel discussion with industry experts and a Q&A session.
Against this backdrop, SteelMint is organising a webinar on the steel and metal sector where its experts will present their views on: