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23 May
14:18

Indian steel production resists global downward trend

India was the only country to record positive steel production growth among the top five steel producing nations in April, notes Kallanish. India’s crude steel production rose by 3.6% year-on-year to 12.1 million tonnes in April, and increased by 8.5% on-year to 49.5mt in January-April, according to worldsteel data. Persistently strong domestic demand has helped India decouple from the global downward trend. India is the second-largest steel producing count…
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