Indian metallurgists lagged behind the world level

The growth of steel production in India in September amounted to 4.7 percent, which is slightly lower compared to the average world indicator of 6.1 percent. The growth of steel production in September was a pale shadow of the lifting of the world economy.

According to the World Steel Association, steel production in India increased to 6.54 million tons in September from 6.24 million tons over the same month of last year. On the other hand, the production of steel on a global scale, grew faster and over a month and reached 132, 54 million tons compared with 124, 93 million tons a year earlier.

In many ways, this became possible thanks to a more intensive growth in China, which produced 65.42 million tons of steel in the reporting month, showing 11 percent growth compared to the same month last year. In September 2012, in China, the production of steel amounted to 58.9 million tons.

In fact, the growth of India in the production of steel was lower compared to its Asian colleagues. In general, Asia produced 88.31 million tons of steel during September, which is 8.9 percent more compared to 81.08 million tons in the same month last year.

The United States produced 7.2 million tons of steel in September 2013, which is 6.3 percent higher compared to September 2012. The power load coefficient in September 2013 amounted to 79.3 percent, which is 2.1 percent higher than in September 2012.