India Metals Report Q2 2014

Business Monitor International
March 26, 2014
68 Pages - SKU: BMI5221998
Countries covered: India

India Metals Report Q2 2014

BMI View: India is set to become a major consumer of metals over the coming years as the governmentmakes pertinent efforts to improve the level of infrastructure in the country. That said, major roadblocksconcerning the availability of raw materials and institutional weaknesses will continue to hinder growth inthe metals industry.

In contrast to the dimming outlook in major steel-producing countries, we believe India's steel sector is ontrack to become a steel powerhouse over the long term. While steelmakers in countries such as China, USand Germany are struggling to cope with persistent overcapacity and sluggish steel demand, the fortunes forIndian steelmakers are vastly different.



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