Irrespective of the Lok Sabha election results, the spending on infrastructure, which accounts for 25 per cent-30 per cent of steel demand, is expected to go up to 11 per cent year-on-year in fiscal year 2024-2025 (April-March).
Steel demand robust on infra spending; to rise 11% in FY25 irrespective of Lok Sabha election outcome: S&P Global
