03
May
11:29
AMNS India posts record steel shipments in Q1
ArcelorMittal Nippon Steel (AMNS) India saw record steel shipments in the first quarter, notes Kallanish. These increased to 2 million tonnes, up by 7.9% quarter-on-quarter, driven by higher exports. They were also up 10.2% year-on-year.
The company’s Q1 crude steel production was 1.98mt, up by 1% quarter-on-quarter and up by 12.4% year-on-year. It reached an annual run-rate of 8.1mt in March, which is very close to its capacity debottlenecking target of 8.6…
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Anonymous
Very good overview of the weekly steel market.
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