Business Line, citing a report by the Steel Ministry, has reported that India’s crude steel production was 10.34 million tonne in November, up 5% YoY but down 1.1% MoM while finished steel production dropped by 5% MoM to 9.5 million tonne but up 3% YoYSteel Exports – 338,000 tonne, down 53% YoY --------------------------April-November 2022Crude Steel Production - 81.9 million tonnes, up 6% YoY.Finished Steel Output - 77.7 million tonnes, up 5% YoYConsumption - 75.3 million tonnes, up 12% YoYFinished Steel Exports - 4.3 million tonnes, down 54% YoYFinished Steel Imports - 3.8 million tonnes, up 23% YoY
Business Line, citing a report by the Steel Ministry, has reported that India’s crude steel production was 10.34 million tonne in November, up 5% YoY but down 1.1% MoM while finished steel production dropped by 5% MoM to 9.5 million tonne but up 3% YoYSteel Exports – 338,000 tonne, down 53% YoY --------------------------April-November 2022Crude Steel Production - 81.9 million tonnes, up 6% YoY.Finished Steel Output - 77.7 million tonnes, up 5% YoYConsumption - 75.3 million tonnes, up 12% YoYFinished Steel Exports - 4.3 million tonnes, down 54% YoYFinished Steel Imports - 3.8 million tonnes, up 23% YoY