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Steel demand robust on infra spending; to rise 11% in FY25 irrespective of Lok Sabha election outcome: S&P Global - Vimarsana News

Steel demand robust on infra spending; to rise 11% in FY25 irrespective of Lok Sabha election outcome: S&P Global

Regardless of the Lok Sabha Election 2024 results, spending on infrastructure, which accounts for 25-30 per cent of steel demand, is expected to increase by 11 per cent year on year in the fiscal year 2024-2025.