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Indian steel market outlook

Finance · 1 updates

India to remain fast-growing steel market

New Delhi: India will remain among the fastest-growing steel markets globally in FY27 amid oversupply in global steel markets, geopolitical uncertainties, evolving trade barriers, and tightening sustainability regulations, according to a report.India Ratings and Research (Ind-Ra) said it also expects the sector's strengthened balance sheets to support ongoing investments without materially weakening leverage metrics, although the execution of expansion projects, carbon-transition requirements, and export-related regulations are key monitorables.The agency said, "India will remain among the fas

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