India's finished steel consumption totaled 5.75 million mt in April this year, indicating a 5.2 percent year-on-year increase, according to provisional estimates released by the Joint Plant Committee (JPC) which is part of India's Ministry of Steel.
According to the data, the country's finished steel production rose by 3.2 percent year on year to 7.48 million mt in April of the current year. Among the main producers, state-owned steel producer SAIL posted an increase of 1.8 percent in finished steel production to 859,000 mt, while the finished steel output of Tata Steel rose by a margin of 10.1 percent to 774,000 mt, and RINL’s finished steel output decreased by 9.9 percent to 192,000 mt, all year on year.