Quick view: Steel consumption up 5.5% in Apr-Jan

Updated: Feb 28 2012, 18:45pm hrs
Domestic steel consumption in the first 10 months of the current fiscal grew by 5.5% to 57.24 million tonne, primarily on account of growing demand from the construction sector.

The growth in consumption of steel so far is good given the current global economic scenario. The buoyant construction sector is the primary demand mover for steel, a steel ministry official said.