Industry Updates
Notes, outlook and commentary from the Poshs Metal team on what's shaping the industry.
Industry Outlook
There is no question in the minds of the international community that steel consumption is bound to grow in India. The level of consumption of steel is one of the key indices for measuring the quality of life — and India's next generation will demand more.
Year in Review
The iron and steel industry went through a phase of uneasy changes both globally and locally — rising trade tensions, price moves, M&A activity, and a temporary truce of trade war. 2019 paved the way for change in technology and supply.
Global Outlook
Despite stronger demand from construction and manufacturing, steel prices have shifted significantly due to declining demand from the energy sector and a recent surge in imports. India has replaced Japan as the world's second largest steel producing country.
