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India is outpacing China in steel growth. 3 stocks to watch in the boom
The Indian steel sector has grown production at the fastest pace globally this calendar year (CY), and also post Covid, between CY22 and CY25. Large steel players, like Tata Steel and JSW Steel have ramped up production capacity aggressively over the past few years, and helped India achieve the above trend. However, SAIL trades at a discount of 23% to 42% to larger peers.
While steel is a crucial input for a range of industries, from autos to house construction, the expansion of domestic steel production over the past few years does not get much attention, especially from media.
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