Steel Market Statistics in India for the Year 2023
One of India’s most rapidly expanding, in-demand, and resilient industries is the steel sector. The pandemic and conditions surrounding international export and import did cause the sector to fall down for a period but continuous developments are restoring the sector to its former glory. It becomes clear that the industry is undergoing an evolution as…
Steel Price Updates: The Impact of Global Events on Steel Prices
The humble roots of steel and its applications can be traced back centuries ago. But the concept of steel’s cheap mass production became popular with the inception of the Bessemer process in the mid-19th century. Today, steel is one of the most valuable and significant raw materials used in prominent industries like construction, automotive, and…
Navigating the Fluctuating Steel Prices in India
The debate associated with the fluctuating price of steel is incessant. In the construction industry of India, steel plays a crucial role. Since it is one of the major contributing raw material, an increase or decrease in its price will drastically impact the construction cost. In recent years, the consumption of stainless steel in India…