Steel demand in India FY 2023-2024

Published by
Shangliao Sun,
Jun 22, 2023
In financial year 2023, the demand for steel in India was at around 120 million metric tons. It was expected to grow by 7.5 percent in 2024. The growth was mainly driven by increased demand from the construction, railways and capital goods sectors.

Demand of steel in India in financial year 2023 with forecast in 2024 (in million metric tons)

© Statista 2024
Download
Show detailed source information?
Register for free
Already a member?
Log in
Sources

Use Ask Statista Research Service

Release date

May 2023

Region

India

Survey time period

FY 2023

Supplementary notes

*estimate.

India's financial year begins in April and ends in March. For example, FY 2022 started in April 2021 and ended in March 2022.

Citation formats
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts

Statistics on " Steel industry in India "

The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Steel industry in India

Overview

5

Trade

5

Production

5

Consumption

5

Major players

5

Further Content: You might find this interesting as well

Topics

Steel industry in IndiaAutomotive industry in IndiaEnergy sector in IndiaEnvironment of IndiaRailway industry in India
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts
Learn more about how Statista can support your business.