The world production of Primary Aluminium Metal during Apr-Feb,2024 was about 65.166 million tonnes against world consumption of 64.588 million tonnes, resulting in a market surplus of 0.578 million tonnes During Jan-Mar, 2024, the world consumption of Primary Aluminium Metal is expected to be 16.954 million tonnes against world production of around 17.600 million tonnes, […]
The year 2030 holds paramount significance for India’s steel industry, with the government ambitiously targeting an increase in installed steel-making capacity to 300 MT – This involves adding approximately 80 MT of steel production capacity, with 66% expected to come from the Blast Furnace-Basic Oxygen Furnace (BF-BOF) route According to the World Steel Association (worldsteel), […]
➢ The majority of the world’s major steel-consuming centres are expected to see below-average economic growth in the near future, which has caused a shift in the global steel trade flows toward rapidly expanding nations like India ➢ After five years, India is expected to become a net importer of finished steel in FY24, with […]
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