koustav mazumdar

Cement demand seen up 10-12% in FY24 aided by infra spending – ET Infra

[ad_1] MUMBAI: India’s cement demand will grow 10-12% on-year to 440 million tonnes in fiscal 2024, driven by strong offtake from the infrastructure segment, as per report by ratings and research agency CRISIL. The demand for cement will be driven by government infrastructure spending, which comprises around 30% of annual cement sales. This fiscal year, […]

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Steel prices to remain firm on India’s pre-election spending binge – ET Infra

[ad_1] Domestic steel prices are expected to remain at Rs 59,000 per tonne (flat steel) and Rs 56,000 per tonne (long steel) on pre-election spending, during the current financial year, a note from CRISIL MarkIntelligence and Analytics said. According to the note, the higher prices will remain despite a slowing global economy. This commentary comes

Steel prices to remain firm on India’s pre-election spending binge – ET Infra Read More »

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