India poised to drive next wave of global steel demand, says Lakshmi Mittal

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ArcelorMittal Executive Chairman Lakshmi Mittal stated that India is poised to drive global steel demand growth in coming decades due to infrastructure development, urbanization, and energy transition investments. The steel industry is entering a new growth cycle.

India is set to become a key engine of global steel demand over the coming decades, driven by large-scale infrastructure development, urbanisation and investments linked to the energy transition, ArcelorMittal Executive Chairman Lakshmi Mittal said on Thursday. Speaking ahead of ArcelorMittal’s 20th anniversary on July 31, Mittal said the global steel industry was entering a ...