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30 Nov
13:06

India’s October crude steel production rises, consumption plunges

Indian crude steel production grew 2.42% on-year to 9.79 million tonnes in October, against 9.56mt last year, according to worldsteel data. Output also grew 3.47% on-month against 9.47mt in September. India produced 96.93mt of crude steel in January-October, up by 21% on-year, Kallanish notes. The nation’s direct reduced iron output marginally increased in October, by 0.68% to 3.11mt, against 3.09mt a year earlier. India produced 32.21mt of DRI in January-Oc…
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