Crude steel output in India at 9.18 million tonne in January : Report

05-March-2019

India’s crude steel output fell about two per cent to 9.180 million tonne (MT) during January 2019, according to World Steel Association (worldsteel). The country had produced 9.354 MT during the same month in 2018, according to worldsteel’s latest report.

Global crude steel production for the 64 countries reporting to the association was 146.70 MT in January 2019, up one per cent compared to the year ago month, it said.

Last month, China’s crude steel production stood at 75.013 MT, higher by 4.3 per cent as against 71.887 MT output in January 2018.

China is the world’s largest steel producing country.

While India produced 9.2 MT of crude steel in January 2019, Japan and South Korea produced 8.1 MT and 6.2 MT, respectively.

The production of the US was at 7.6 MT, a rise of 11 per cent over January 2018.

Italy produced 2 MT, France 1.2 MT, Spain 1.2 MT, Ukraine 1.9 MT, Brazil 2.9 MT and Turkey 2.6 MT.

The members of worldsteel represent approximately 85 per cent of the world’s steel production, including over 160 steel producers with 9 of the 10 largest steel companies, national and regional steel industry associations, and steel research institutes

Source- Economic times