New Delhi: India will remain among the fastest-growing steel markets globally in FY27 amid oversupply in global steel markets, geopolitical uncertainties, evolving trade barriers, and tightening sustainability regulations, according to a report.
India Ratings and Research (Ind-Ra) said it also expects the sector's strengthened balance sheets to support ongoing investments without materially weakening leverage metrics, although the execution of expansion projects, carbon-transition requirements, and export-related regulations are key monitorables.
