Icra Limited · NSE:ICRA
Icra — Investor Presentation (May 2026)
8 slides from Icra's investor presentation, May 2026
Slide 1: Steel Industry – Trends & Outlook
STEEL INDUSTRY – TRENDS & OUTLOOK Demand remains resilient, though margins can face pressure from elevated raw material costs in FY2027 MAY 2026 #35YearsofUnwaveringCredibility 1
Slide 2: Overview
OVERVIEW ▪ Steel demand growth is expected to improve to 9-10% in FY2027 as the Government of India’s (GoI’s) capex drive to steel-intensive sectors such as roads, railways and infrastructure projects see sharp development (about 25% increase in budgetary allocations) compared to moderation in FY202
Slide 3: What's Inside?
What’s Inside? 1 Global Ferrous Market Scenario 2 Trends in domestic steel demand 3 Carbon border adjustment mechanism (CBAM) impact 4 5 6 Short-range outlook for Indian Steel trade flows Raw material scenario steel mills 33 www.icra.in
Slide 4: What's Inside?
What’s Inside? 7 Performance of ICRA's rated portfolio in the steel sector 8 Company section 9 Measuring up the carbon footprint Measuring up the carbon footprint 44 www.icra.in
Slide 5: Analytical Contact Details
Analytical Contact Details Name Designation Email Contact Number Girishkumar Kadam Senior Vice-President and Group Head girishkumar@icraindia.com 022 – 6114 3441 Ankit Jain Vice-President and Co-Group Head ankit.jain@icraindia.com 0124 – 4545 865 Sumit Jhunjhunwala Vice-President and Sector Head sum
Slide 6: Business Development/Media Contact Details
Business Development/Media Contact Details Name Designation Email Contact Number L Shivakumar Chief Business Officer shivakumar@icraindia.com 022-61693304 Sai Krishna Head – Research Sales and Investor Connect sai.krishna1@icraindia.com 9840774883 Rohit Gupta Head Business Development – Infrastructu
Slide 7: © Copyright, 2026 ICRA Limited. All Rights Reserved.
© Copyright, 2026 ICRA Limited. All Rights Reserved. All information contained herein has been obtained by ICRA from sources believed by it to be accurate and reliable. Although reasonable care has been taken to ensure that the information herein is true, such information is provided 'as is' without
Slide 8: Thank You!
Thank You! #35YearsofUnwaveringCredibility 8