ReferIndia News World's top miners BHP, Rio Tinto see India emerging as steel's next growth frontier beyond China

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World's top miners BHP, Rio Tinto see India emerging as steel's next growth frontier beyond China

Published on: June 16, 2026, 11:46 a.m. | Source: The Economic Times

Global mining giants BHP and Rio Tinto are focusing on India for future steel demand. India's rapid urbanisation and infrastructure projects are driving growth. This expansion is expected to offset slowing demand from China. Both companies are well-positioned to support India's ambitious steel production targets. The Global South, particularly India, is becoming a key growth market.

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