Steel Section

The industrial and infrastructure segments are currently the two main contributors to the overall demand for steel structures in India. Structural steel is the default material used for the construction of plant superstructures, and the steel industry is a key demand driver within the segment. Oil and gas, petrochemicals, cement and fertilizers are also responsible for boosting demand for structural steel. Steel also remains the default material within the power sector, driven by huge investment and capacity additions in new power plants and transmission towers. Increased government spending in the infrastructure segment over the next five years is expected to result in massive demand, especially from air and sea ports, railway stations and bridges, and metro rail.