Steel demand is expected to improve in coming months on the back of increased spending on infrastructure and long-term government policies, Steel Minister Chaudhary Birender Singh has said. "The steel demand has grown 3.3 per cent during April -December 2016. This is expected to improve in the coming months, due to long-term government policies and increase in infrastructure spend. India has been a bright spot in global economy, he said, adding that World Steel Association has predicted the steel demand in India will grow at the rate of 5.7 per cent in 2017.
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Steel demand is expected to improve in coming months on the back of increased spending on infrastructure and long-term government policies, Steel Minister Chaudhary Birender Singh has said. "The steel demand has grown 3.3 per cent during April -December 2016. This is expected to improve in the coming months, due to long-term government policies and increase in infrastructure spend. India has been a bright spot in global economy, he said, adding that World Steel Association has predicted the steel demand in India will grow at the rate of 5.7 per cent in 2017.
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