Indian crude steel production increases by 4.3 percent in February

Tuesday, 26 March 2019 14:28:47 (GMT+3)   |   Kolkata
       

Indian crude steel production in February this year was recorded at 8.914 million mt, up 4.3 percent from the corresponding month of the previous year, according to data released by the Joint Plant Committee (JPC) under the Ministry of Steel, the sole official compiler of industry data.

According to the JPC, large integrated steel producers like state-run Steel Authority of India Limited (SAIL), Rashtriya Ispat Nigam Limited along with private sector steel companies - Tata Steel, KSDW Limited, Essar Steel and Jindal Steel and Power Limited - together accounted for 5.40 million mt of crude steel production in February this year, while smaller secondary sector steel mills accounted for 3.50 million mt of production during the month.

The rise in crude steel production is in contrast to the trend in January when domestic crude steel production recorded a fall of 3.84 percent year on year. 


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