Steel demand drops by 5% in FY21: Union Steel Minister Ram Chandra Prasad Singh
Demand for steel from sectors like infrastructure, automobile and engineering fell by more than 5 per cent to 94.9 million tonnes during the financial year ended on March 31, 2021, Parliament was informed on Monday.
According to Union Steel Minister RCP Singh, the building and construction sector consumed 41 MT steel in 2020-21. Image source: PIB