India’s steel output shows increase
India's total
production of finished steel for the April 2004-February 2005 period rose 3.4% year on year to 34.75 million tons.
On the other hand, total
pig iron production was 2.65 million tons, a 890'000 ton decrease from the previous year.
The
consumption of finished steel above-mentioned period increased 6.3%, from 28.87 million tons to 30.7 million tons.
An increase in domestic demand caused steel exports during the eleven-month period to tumble 25.11% year on year to 2.65 million tons.