Business Standard

Flat Demand For Steel Seen In & #8217;03-04

Image

Mahua Venkatesh BUSINESS STANDARD

The Joint Plant Committee of the steel ministry has estimated that the growth in demand for steel in 2003-04 will remain flat at 6 per cent. However, the growth in the current financial year will be driven by domestic demand rather than the export market.

Industry experts said in 2002-03, growth came primarily from exports, which saw a 35 per cent jump.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 13 2003 | 12:00 AM IST

Explore News