Vinay Shroff, the executive vice president of sales and marketing for India’s JSW Steel, said a series of proposed investments in infrastructure projects will boost steel demand in the South Asian country.
"[Investments amounting to $1.5 trillion are likely to be made in the next five years, especially in the energy and transportation sectors," he said.
These include:
The $150-billion Bharatmala program, which will use about 2-3 million tonnes of steel to build a network of highways, expressways and bridges in the next five...
