29
May
08:53
Indian steel production grows on consumption, export uptick
Improving domestic steel consumption and finished steel exports helped Indian steel production grow in April, according to a Joint Plant Committee report seen by Kallanish.
The nation’s domestic steel consumption grew 8% on-year to 9.95 million tonnes in April against 9.21mt for April 2022, whereas finished steel exports also increased 12.5% to 0.85mt during the period.
Indian crude steel production grew marginally, by 3.2% on-year to 10.72mt in April, comp…
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Anonymous
Very good overview of the weekly steel market.
Anonymous