Steel is one commodity that has held a top position among metals for a long time. India’s domestic steel demand is estimated to grow annually by 7.5% to reach 128.85 million tonnes (mt) in the current financial year. According to estimates by the Indian Steel Association (ISA), domestic steel demand stood at 119.86 mt in fiscal 2022-23. Demand is expected to rise further by 6.3% to reach 136.97 mt in the next financial year 2024-25 as per the ISA projections.
Since its inception over 4,000 years ago, steel has been the foundation of global modernization in building construction, transportation, and manufacturing. Steel and iron production ranks first in total global CO2 emissions at 8% and second in overall energy consumption. The industry must pivot aggressively and innovatively to meet modern challenges regarding emission prescribed by the net-zero emissions by 2050 initiative.
この記事は Construction Week の December 2023 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。
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この記事は Construction Week の December 2023 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
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