In terms of volume, steel demand in India is expected to touch 74 million tonne (mt) in 2013. This follows a 2.6% growth in 2012.

WSA said global apparent steel use will increase by 2.9% to 1454 mt in 2013, following a 1.2% growth in 2012.

Global steel demand is expected to grow by 3.2 per cent in 2013 but it would depend on recovery in key markets like China and euro-zone eco...