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India steel demand growth forecast for 2026 and 2027: worldsteel

India’s steel demand is forecast to grow 7.9% in 2026 and 8% in 2027, driven by infrastructure, real estate, manufacturing and renewable energy projects.

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World Steel Association (Worldsteel) has revised its global steel demand growth forecasts downwards, previously projecting a 0.3% increase for 2026 and a 2.2% increase for 2027. The new forecast predicts demand will remain flat in 2026 and grow by 1.7% in 2027.

The recovery of world steel demand slips to 2027. According to the new Short Range Outlook (SRO) of the World Steel Association...-732222

The World Steel Association has released its Short-Term Outlook report covering the period 2026-2027 on global steel demand. Accordingly, global steel demand this year is largely...

World steel demand will remain almost unchanged this year, but it can return to growth in 2027 - 1.7 per cent, up to 1.752 billion tons - as shown by ... ~ 12.10.2026, PRIM

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1prime.ru broke the news on Monday, October 12, 2026.
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