While a robust economic growth will increase the demand for steel, industry players remain concerned about rising imports and high raw material prices amid geopolitical uncertainties.
Union Minister Faggan Singh Kulaste said the government is working towards PLI scheme 2.0 and securing raw material supply for the steel sector in 2024. Despite a resilient steel industry recovery, concerns linger over escalating imports and raw material costs amid global uncertainties.
India Business News: The government is working on the PLI scheme 2.0 and ensuring raw material supply for the steel sector in 2024. Industry players are concerned about ri