India's steel demand is likely to jump by over 70 per cent to 113 million tonnes (MT) by the end of the next Five-Year Plan, with the infrastructure sector projected to witness investments worth USD 1 trillion.
A panel appointed by the Steel Ministry to assess demand and supply of steel in the 12th Five-Year Plan (2012-17) has estimated that steel demand would grow by 36 MT during the period to touch 113 MT in its final year, a source in the ministry said.