India’s steel output rises 8.1 per cent
India’s crude steel production grew 8.1 per cent in July. India’s output stood at 8.1 million tonnes, while it was 133.7 mt globally.
According to a report by World Steel Association (WSA), China’s output was 66.8 mt (up 2.6 per cent) while Japan produced 8.9 mt, (0.5 per cent).
“ We attribute this rise to the commissioning of capacities by most big integrated producers such as Steel Authority, JSW Steel and Tata Steel,” said Emkay Global in its report.
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