India steel industry Loading... : Investor Sentiment and Bull/Bear Views
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07:21
Jan 14
Jan 14
India steel demand will overtake China.
India's steel growth rate is around 8%, its 1.4 billion population and government target of 300 million tons by 2030 offer huge potential, and long term India should overtake China as the world's largest steel producer; JFE is therefore investing $1.7 billion in an Indian joint venture.
HIGH
04:01
Jan 14
Jan 14
India steel set for structural growth
India's steel growth rate is around 8%, with a 1.4 billion population, infrastructure expansion, and a government target of 300 million tons by 2030. Given India's population has surpassed China's, it is certain in the long run to become the world's number one steel-producing country; JFE is investing $1.7 billion in a JV to capture that.
HIGH
About India steel industry Investor Commentary
Across the available history and selected sources, Buzzberg tracks India steel industry across 1 sources: 2 bullish vs 0 bearish calls from 2 authors. Historical directional balance: 100% = 100 × (bullish − bearish) / all deduplicated idea records, including other directions. This is neither a probability of a price rise nor the share of bullish authors. 2 total trade ideas tracked. Latest voices: JFE Steel EVP, JFE Steel Executive Vice President.