India’s crude steel production at 8.478million tons (mt) in August is marginally down by 0.9 percent from July level and 4.4 percent below August 2019, provisional steel ministry data showed.
With 82 percent share, the private sector production at 28.173 mt was down by 24.8 percent.
Hot metal production stood at 5.936 mt in August, down by 0.4 percent from August 2019 although higher by 3.2 percent over July.
With 73 percent share, the private sector (17.633 mt, down by 17.4 percent) led hot metal production, compared to the 27 percent contribution of the PSUs.
Finished steel production stood at 8.081 mt in August, down 3.3 percent from August 2019 and was up 0.8 percent over July.
This story is from the October 2020 edition of Steel Insights.
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This story is from the October 2020 edition of Steel Insights.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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