India’s April crude steel production was 8.785 million tons (mt), a growth of 1.5 percent over same period of last year and a decline of 6.7 percent over March 2019, provisional steel ministry data showed.
With a 59 percent share, SAIL, RINL, TSL, Essar Steel, JSWL, JSPL together produced 5.21 mt up 3 percent of crude steel in April 2019 while the rest 41 percent was the share of the other producers (decline of 0.6 percent) during this period. While this was the second time in four months that India reversed the trend of a fall in production seen in January and March 2019, the pace of steel output growth lagged the global average. India’s production figures were more or less in line with those of its Asian peers.
China led the list as its crude steel production went up 12.7 percent in April to 85 mt. Elsewhere in Asia, South Korea’s crude steel production increased 1.4 percent to 6 mt while Japan registered a 0.8 percent decline to 8.6 mt. In the US, crude steel output jumped 7.3 percent to 7.4 mt.
Denne historien er fra June 2019-utgaven av Steel Insights.
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Denne historien er fra June 2019-utgaven av Steel Insights.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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