According to provisional data from India’s Steel Ministry's Joint Plant Committee, India’s crude steel production in January was 10.9 million tonne, flat YoY, production of finished steel increased by 4% YoY to 10.7 million tonnes while consumption increased by 4.4% YoY to 10.6 million tonne.April-January 2023Crude Steel Production - 103.5 million tonne, up 4.6% YoYFinished Steel Production – 99.5 million tonne, up 6.5% YoYConsumption – 97.1 million tonne, up 11.6% YoY-----------------Steel Imports April-January 2023Semis - 523,000 tonne, up 384%Finished Steel, incl alloyed – 5.270 million tonne, up 34%-----------------Steel ExportsSemis - 1.315 million tonne, down 70%Finished Steel, incl alloyed – 5.349 million tonne, down 52%
According to provisional data from India’s Steel Ministry's Joint Plant Committee, India’s crude steel production in January was 10.9 million tonne, flat YoY, production of finished steel increased by 4% YoY to 10.7 million tonnes while consumption increased by 4.4% YoY to 10.6 million tonne.April-January 2023Crude Steel Production - 103.5 million tonne, up 4.6% YoYFinished Steel Production – 99.5 million tonne, up 6.5% YoYConsumption – 97.1 million tonne, up 11.6% YoY-----------------Steel Imports April-January 2023Semis - 523,000 tonne, up 384%Finished Steel, incl alloyed – 5.270 million tonne, up 34%-----------------Steel ExportsSemis - 1.315 million tonne, down 70%Finished Steel, incl alloyed – 5.349 million tonne, down 52%
