Demand for steel from sectors like infrastructure, automobile and engineering fell by more than 5 per cent to 94.9 million tonnes during the financial year ended on March 31, 2021, Parliament was informed on Monday. Building and construction sector along with infrastructure, automobile, engineering and packaging and defence had consumed 100.2 million tonne (MT) steel during 2019-20 fiscal, Union Steel Minister Ram Chandra Prasad Singh said while replying to a question in the Rajya Sabha.According to the information shared by Singh to the house, the building and construction sector consumed 41 MT steel in 2020-21 as against 43.4 MT in 2019-20.The demand in infrastructure sector also fell to 23.8 MT from 25.1 MT a year ago.
