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Indian steel demand boom to continue this fiscal : Crisil
![IndiaTimes]()
Friday, 29 December 2023
The Indian steel sector has enjoyed a multi-year demand surge which will continue in the current FY'24 but it is expected to moderate in the coming fiscal, global analytics company Crisil said. The sector has witnessed double digit demand growth rate of 11 to 13 per cent during three consecutive years and is likely to moderate to 3 to 5 per cent in FY'25, Miren Lodha, director research, Crisil market intelligence and analytics said on Friday. "We are clearly in the midst of a demand supercycle," Lodha told PTI.
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Friday, 29 December 2023
