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GLOBAL STEEL DEMAND STATISTICS
World Bank warns of 800 million-job gap in next 10 years: How could global employment crisis affect Americans?According to the World Bank, an alarming job crisis looms, with projections of an 800-million-job void worldwide. Ajay Banga, the bank's Pr...- India fastest-growing major steel market; demand to grow 7.9% in 2026: World Steel AssociationIndia's steel demand is projected to grow by 7.9 percent in 2026 and by 8 percent in 2027. This growth is driven by infrastructure projects...
- AI investment boosts growth prospects for Asian economies: IMFIMF Managing Director Kristalina Georgieva said artificial intelligence infrastructure investment is supporting global growth at around 3%,...
- New draft steel policy targets 604 million tonnes capacity by 2047India has unveiled a new draft national steel policy targeting 604 million tonnes capacity by 2047. The initiative also aims to increase ex...
- India targets 604 MT steel capacity by 2047, plans to cut carbon intensity: ReportIndia's government has introduced a draft steel policy for public consultation, targeting a steel capacity of 604 million tons by 2047. The...
- India remains key market for global smartphone makers amid evolving demand, component price pressure, say global smartphone manufacturersMajor smartphone manufacturers consider India an important market, as consumer demand remains steady despite increasing component prices. C...
- EU and China strike interim trade deal that could cut Chinese hybrid exportsChina and the European Union have agreed on a preliminary trade deal to address trade imbalances. This deal includes reduced tariffs on cer...
- Statistics ministry proposes common framework to calculate state GDPThe statistics ministry has proposed a common framework for estimating state gross domestic product. This framework uses an expenditure app...
- US has India as an ally and a target of investigation in the same manufacturing fightIndia has aligned itself with a US-led initiative aimed at mitigating global manufacturing overcapacity, joining 15 nations in this coopera...
- WTO ups goods trade forecast on AI boom amid Middle East disruptionsWorld merchandise trade volume growth was stronger than expected and is now projected to reach 3.9% in 2026, up from 1.9% in the WTO's base...
- India Inc's Q2 revenue growth to moderate to 16-16.5%: ReportIndia Inc’s revenue growth is estimated to moderate to 16-16.5% year-on-year in the September quarter from 17.4% in Q1, while aggregate Ebi...
- AI agents don't take coffee breaks, so networks must scale up: Ciena's Gautam BillaWith AI agents in the mix now, Billa said the network connecting the computing resources is likely to become a bottleneck in India’s AI pus...
- Taiwan says exports hit record in September on AI demandThe island is a powerhouse in the semiconductor sector, producing more than 90 percent of the world's most advanced chips used to train and...
- Naveen Jindal weighs bid for EU firm CelsaNaveen Jindal, chairman of Jindal Steel, is considering a €5-billion bid for European steelmaker Celsa to enhance his operations. The discu...
- India joins US, 13 economies in joint statement to address global excess capacity after G20 meetingIndia, along with the United States and 13 other economies, has signed a joint statement aiming to address structural excess capacity. The ...
- India steel ministry unlikely to seek new curbs on cheap imports, government source saysIndia's steel ministry has decided against new measures to restrict cheap steel imports for now. The country is dealing with increased impo...
- Backward integration, captive power seen aiding profitability of secondary steel playersSecondary steelmakers in India are improving profitability by investing in captive power and backward integration, helping offset volatile ...
- Domestic steel demand to rise; in talks with the Netherlands government over steel production: Tata Steel CEOTata Steel CEO T V Narendran stated that domestic steel demand is expected to grow 8-10% in the coming months. He mentioned positive signs ...
- Textile output surges, but apparel production stays in the red. What’s driving the divergence?Government data reveals growth of 8 percent in industrial output for August 2026, driven by manufacturing. Apparel production, however, dec...
- MSME data to power National Business RegisterThe SBR will serve as a comprehensive database of business establishments across the country. Under the MoU, the two ministries will develo...
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