India’s steel industry had targeted a capacity of 180 to 190 MTPA by 2024–2025 and 300 MTPA by 2030. Prior to the Covid-19 outbreak, 10 MT of steel capacity was expected to come on board in the second half of this fiscal year.
from The Financial Express https://ift.tt/2YIs0x3
Thursday, 4 February 2021
Higher cost of funds denting steel industry’s capacity expansion: Kearney
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