Record prices inject life into steel industry; India set to boost capacity - Business News, Finance News, Share Market News - Market trendz

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Sunday, 18 July 2021

Record prices inject life into steel industry; India set to boost capacity

Other nations could fill the gap created by China’s restrictive measures. India is set to boost capacity, with top producer JSW Group saying it will reach its goal of more than doubling capacity to 45 million tons before 2030. Southeast Asia, including Malaysia and Indonesia, plans to add another 60 million tons by the end of this decade, according to consultant Wood Mackenzie.

from Commodities-Markets-Economic Times
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