15
Oct
14:28
Blast furnace restart boosts Vedanta's steel output
Vedanta subsidiary Electrosteel Steels Limited increased saleable production 16% on-year in the second fiscal quarter (FQ2) through September to 285,000 tonnes thanks to better raw material availability and the blast furnace no.3 restart.
Compared to FQ1, wire rod and TMT bar output rose 12% and 18% respectively in FQ2 to 110,000t and 106,000t. Pig iron output rose 9% to 45,000t, but ductile iron (DI) pipe production declined -26% to 20,000t, Kallanish learns fr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous