According to provisional data from India’s Steel Ministry's Joint Plant Committee, India's crude steel production was up by 3.1% YoY to 9.85 million tonne in April while finished steel production rose by 0.9% YoY to 9.35 million tonne & consumption increased by 1% YoY to 9.05 million tonneCrude steel production in April by integrated steel producers SAIL, Tata Steel, JSW Steel, JSPL, RINL and AM/NS India accounted for 61% of outputTata Steel – 1.59 million tonne, up 4.5% YoYSAIL – 1.45 million tonne, up 17.7% YoYJSW, JSPL & AMNS India – 2.731 million tonne, up 5.9% YoYRINL – 0.29 million tonne, own 38.6% YoYOthers – 3.79 million tonne, up 1.2% YoYWeak consumption in Europe and competitive offers from China have slowed Indian exports April. Exports of finished steel in April dropped by 22% YoY to 0.74 million tonne, while imports fell by 10% YoY to 0.33 million tonne
According to provisional data from India’s Steel Ministry's Joint Plant Committee, India's crude steel production was up by 3.1% YoY to 9.85 million tonne in April while finished steel production rose by 0.9% YoY to 9.35 million tonne & consumption increased by 1% YoY to 9.05 million tonneCrude steel production in April by integrated steel producers SAIL, Tata Steel, JSW Steel, JSPL, RINL and AM/NS India accounted for 61% of outputTata Steel – 1.59 million tonne, up 4.5% YoYSAIL – 1.45 million tonne, up 17.7% YoYJSW, JSPL & AMNS India – 2.731 million tonne, up 5.9% YoYRINL – 0.29 million tonne, own 38.6% YoYOthers – 3.79 million tonne, up 1.2% YoYWeak consumption in Europe and competitive offers from China have slowed Indian exports April. Exports of finished steel in April dropped by 22% YoY to 0.74 million tonne, while imports fell by 10% YoY to 0.33 million tonne
