Make your home page  |  Add to Favorites
Home  |  Sign In  |  Join Free  |  Member Center  |  Help
Sorry,No Records!
English     Chinese
China Product Yahoo pages Google pages Bing pages
Photo News
Information detail
India's steel consumption to continue to grow
Source:Site  Hits:2243  【Font:Big Middle Small【All Infomation】

According to Tata Steel managing director H M Nerurkar, India's steel consumption will continue to grow despite the worsening global economic environment.

Mr. Nerurkar stated that, despite the seven percent increase in gross national product (GDP), he expects steel consumption to continue to grow in the current economic situation. He added that he had been expecting a downturn in steel prices, but prices remained high due to exchange rate fluctuations. 

Additionally, in December the Associated Chambers of Commerce and Industry of India (ASSOCHAM) predicted that India's annual steel consumption is likely to reach 122 million mt by 2015, from the current 70 million mt, on the back of increasing steel demand from various sectors.

Previous:NCRC:China's crude steel output to reach 680 million mt in 2011
Next:Japanese hot rolled flat steel exports fall in November
AboutUs  |  Service  |  Advertising  |  Business  |  Customer Service  |  Help  |  Contact Us  |  Announcement  |  Links  |  Messages
[ICP 1100473]   Copyright   jinmao foundry(芜湖市金贸商务科技有限公司)
etwork Tel :(86)0553-7258567 / 7252588   Fax Tel:(86)0553-7257789 地址:安徽省芜湖市繁昌孙村工业园区