India’s Steel Production To Surpass 300 Million Tonnes By 2030

Steel production in India, driven by robust demand for government infrastructure projects, is projected to surpass 300 million tonnes (MT) by 2030, Steel Secretary Nagaendra Nath Sinha said. Addressing the Bharat Chamber of Commerce (BCC) in New Delhi, the senior official said current steel demand remains strong with an infrastructure push from the government and expects a growth of about 10 percent. Mr. Sinha further said that amid the strong GDP growth and



continued emphasis on infrastructure from both government and private sectors, steel demand will continue to stay strong.

 

Earlier this week, Union Minister of Steel and Heavy Industries HD Kumaraswamy launched SIMS 2.0 portal, the upgraded Steel Import Monitoring System, to provide actionable intelligence to stakeholders for effective decision-making and strategic planning.