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Domestic consumption of steel to increase in infrastructure sector

Domestic consumption of steel to increase in infrastructure sector

Wednesday, April 19, 2017, 5:30 PM

The union steel ministry is betting big on an increase in domestic consumption of steel led by planned investments of nearly Rs 4 lakh crore in the infrastructure sector. While steel consumption increased by nearly 3%, in 2016-17, the steel minister urged the industry to ensure that the rate of growth goes up to 4% in the current year 2017-18.
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