Steel is one commodity that has held a top position among metals for a long time. India’s domestic steel demand is estimated to grow annually by 7.5% to reach 128.85 million tonnes (mt) in the current financial year. According to estimates by the Indian Steel Association (ISA), domestic steel demand stood at 119.86 mt in fiscal 2022-23. Demand is expected to rise further by 6.3% to reach 136.97 mt in the next financial year 2024-25 as per the ISA projections.
Since its inception over 4,000 years ago, steel has been the foundation of global modernization in building construction, transportation, and manufacturing. Steel and iron production ranks first in total global CO2 emissions at 8% and second in overall energy consumption. The industry must pivot aggressively and innovatively to meet modern challenges regarding emission prescribed by the net-zero emissions by 2050 initiative.
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Denne historien er fra December 2023-utgaven av Construction Week.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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INFRA COMPANIES
In a significant move to alleviate traffic congestion and enhance connectivity, the Mumbai Metropolitan Region Development Authority (MMRDA) appointed contractors for key road infrastructure projects in Mumbai and Thane.
Global standards
Glass Wall Systems has been revolutionising the facade industry
STRIKING THE PERFECT CHORD
The 14th Construction Week Awards was an evening to remember with 1 industry turning up in full strength
REAL ESTATE
For the past six years, we have resorted to ranking Top 100 real estate and infra companies.
THE DYNAMICS PROPELLING REAL ESTATE GROWTH IN KEY CITIES
Dr Gautam Kanodia, founder, KREEVA, co-founder, Kanodia Group, explains the trends
DESIGN PAR EXCELLENCE
Design International has been at the forefront of retail-led design for 60 years. Staying sustainable and contemporary is their mainstay
dormakaba EXPANDS ITS MARKET PRESENCE IN INDIA
dormakaba expands its presence in India with the opening of a new Customer Experience Center in New Delhi, joining its existing centers in Mumbai and Bangalore. These hubs offer customers direct access to products, solutions, and on-site training.
GODREJ PROPERTIES ACQUIRES ITS 11TH NEW PROJECT; TAKES BOOKING VALUE TO RS 22,950 CRORE!
Will develop a group housing plot at Golf Course Road in Gurugram
SIGNATURE GLOBAL AWARDS RS 1203 CRORE CONSTRUCTION CONTRACT TO CAPACIT'E
First phase comprises 2.1 million sq-ft
HOUSING SALES IN MAJOR CITIES DROP BY 11% IN Q3 2024, SURPASSING NEW PROPERTY LAUNCHES: ANAROCK GROUP
Six salient growth levers include urbanization, demographic shifts, digitalization, sustainability
