The steel industry is a critical sector of the global economy, characterized by its extensive use in construction, automotive, infrastructure, and various other industries. Global Trade Policies: Trade policies and tariffs significantly impact the steel market, influencing imports, exports, and pricing. The global steel demand is expected to grow, driven by strong performance in emerging economies. India’s steel demand, for instance, is projected to increase by 8% annually over 2024-2025, fueled by infrastructure investments and industrial growth​. Overall, the steel industry continues to evolve with advancements in technology, a focus on sustainability, and adapting to global economic and regulatory changes. The industry’s ability to innovate and embrace greener production methods will be crucial for its future growth and resilience.