According to preliminary data released by India’s Steel Ministry’s Joint Plant Committee, while India’s crude steel production was 10.2 million tonnes in August 2022, up 2% YoY while finished steel production was 9.7 million tonne, 4% YoY, and consumption surged by 13% YoY to 9.3 million tonnes as exports declined by 66% YoY to 1.3 million tonnes and imports surged by 12% YoY to 396,000 tonnesCrude Steel Production – August 22AMNS, JSW & JSPL - 2.77 million tonnes, up 5% YoYTATA Steel - 1.69 million tonnes, up 8% YoYSAIL - 1.44 million tonnes, down 6% YoYRINL - 0.28 million tonnes, down 36% YoYOthers - 4.09 million tonnes, up 5% YoYApril-August 2022Crude Steel - 51.35 million tonnes, up 7% YoYAMNS, JSW & JSPL - 13.84 million tonnes, up 7% YoYTATA Steel - 8.38 million tonnes, up 7% YoYSAIL - 7.16 million tonnes, up 5% YoYRINL - 1.54 million tonnes, down 33% YoYOthers - 20.42 million tonnes, up 14% YoYApril-August 2022Finished Steel - 48.27 million tonnes, up 8% YoYConsumption - 45.82 million tonnes, up 11% YoYExports - 3.02 million tonnes, down 53% YoYImports - 2.06 million tonnes, up 5% YoY
According to preliminary data released by India’s Steel Ministry’s Joint Plant Committee, while India’s crude steel production was 10.2 million tonnes in August 2022, up 2% YoY while finished steel production was 9.7 million tonne, 4% YoY, and consumption surged by 13% YoY to 9.3 million tonnes as exports declined by 66% YoY to 1.3 million tonnes and imports surged by 12% YoY to 396,000 tonnesCrude Steel Production – August 22AMNS, JSW & JSPL - 2.77 million tonnes, up 5% YoYTATA Steel - 1.69 million tonnes, up 8% YoYSAIL - 1.44 million tonnes, down 6% YoYRINL - 0.28 million tonnes, down 36% YoYOthers - 4.09 million tonnes, up 5% YoYApril-August 2022Crude Steel - 51.35 million tonnes, up 7% YoYAMNS, JSW & JSPL - 13.84 million tonnes, up 7% YoYTATA Steel - 8.38 million tonnes, up 7% YoYSAIL - 7.16 million tonnes, up 5% YoYRINL - 1.54 million tonnes, down 33% YoYOthers - 20.42 million tonnes, up 14% YoYApril-August 2022Finished Steel - 48.27 million tonnes, up 8% YoYConsumption - 45.82 million tonnes, up 11% YoYExports - 3.02 million tonnes, down 53% YoYImports - 2.06 million tonnes, up 5% YoY
