Structural Steel

The steel industry has often been considered an economic indicator, as it has always gone hand in hand with economic development. India's per capita consumption of steel structures is currently 6-7 kg, and this has been growing at a CAGR of over 10 per cent over the past five years. This market is witnessing higher growth compared to both, Indian steel and Indian construction GDPs. The overall per capita consumption of structural steel and pre-engineered buildings for India over the next ten years has the potential to look even more attractive, with the overall indicative potential reaching 17 to 22 kg per capita.