India's Steel Consumption Rises 7.5% in April-October Period

According to the Ministry of Steel, India's finished steel consumption grew by 7.5 per cent during the April-October period of FY27. Total consumption reached 99.3 million tonnes over those seven months. The increase comes at a time when broader market sentiment has been weak. The figures point to sustained demand for steel within the country. The data was reported by NDTV in an article examining why steel stocks have held up despite the downturn.
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