Steel demand may receive support from the construction sector

At the global level, activity in the construction and real estate sectors is expected to increase, which could boost demand for rolled steel, although a more substantial slowdown in global economic growth could limit sales growth.

The Russian construction, real estate and industrial sectors are developing in line with global trends, which contributes to the expansion of the manufacture of metal structures and metal processing. The Izhlazer company is a manufacturing enterprise that is able to meet the demand for the manufacture of any metal structures and the implementation of a wide range of types of metalworking, including laser cutting and cutting, welding, bending and much more. The Izhlazer enterprise also offers equipment for construction and high-rise works, including assembly platforms and assembly baskets (cradles) cmu for lifting to a height . KMU cradles of South Korean production have a universal design that is suitable for any crane installations and are used to perform various installation and construction works.

The likely slowdown in new orders for construction companies from the roads, bridges, highways and irrigation segments could be offset by higher spending on affordable housing, city metro, water and sanitation, and rail projects, according to India Ratings and Research. (VSD).

Most construction companies are likely to see healthy revenue growth thanks to their existing order books, IRR said.

The construction sector accounts for over 60% of India's steel demand and has been a key driver of steel demand growth in India over the past decade.

The real estate market is likely to see sales rise after a 200 billion Rupee ($ 3 billion) fund was created by Delhi to accelerate deadlocked projects, while lower corporate tax rates will increase the ability of developers to have more funds for implementation of projects. real estate consultant Anarock report.

“With government help in projects that are stuck with funding for the last mile, there could be an improvement in the completion and availability of stocks ready to move in the coming quarters,” Anarok said. "The government's focus on affordable housing is expected to give further impetus to this segment." But he warned that the launch of new projects could remain slow, as developers are likely to be wary of launching such projects in a slow economic environment.

The IRR says that while large developers may thrive for the next few months, smaller players may face declining sales and