Indian budget's infrastructure push, decarbonization aid to support steel industry

The Indian Union Budget 2026-27’s infrastructure drive is set to spur strong demand for steel while also supporting the sector’s green transition. The budget announced on Feb. 1 highlighted the government’s focus on scaling manufacturing and “delivering a powerful push to infrastructure.” India’s Finance Minister Nirmala Sitharaman proposed capital expenditure of Rupees 12.2 trillion for fiscalThe Indian Union Budget 2026-27’s infrastructure drive is set to spur strong demand for steel while also supporting the sector’s green transition. The budget announced on Feb. 1 highlighted the government’s focus on scaling manufacturing and “delivering a powerful push to infrastructure.” India’s Finance Minister Nirmala Sitharaman proposed capital expenditure of Rupees 12.2 trillion for fiscalRead More