Despite Covid-19 pandemic, Tata Steel bullish on FY22 demand in India

Globally, steel prices are expected to stay firm, as China may not export large volumes owing to better balance in its domestic market

Topics
Tata Steel | Coronavirus | steel prices

Aditi Divekar  |  Mumbai 

Even though the Covid-19 outbreak in 2020 brought the global economy to a near standstill, Tata Steel, the country’s oldest steel producer, is optimistic about the demand for steel in India in 2021. “We are seeing an inflow of funds from across sectors and an uptick in the overall consumption.

The government’s efforts of improving infrastructure, coupled with the ‘Atma Nirbhar Bharat’ policy and production-linked initiative (PLI), are expected to further boost this inflow. Alongside, the government’s focus on rural infrastructure projects will also ...

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First Published: Thu, December 31 2020. 06:10 IST
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