Understanding Global Market Shifts in India’s Steel Industry

Over the past five years, global steel production has softened, exports surged from China, margins tightened, and demand plateaued among developed economies. Despite this, India bucked the trend: between 2019–2024, global output slipped ~1% while India’s steel production jumped around 33%—establishing it as a rare bright spot.   Why? Massive infrastructure push roads, smart cities, railways […]