Indian steelmakers are optimistic about demand growth since mid-April after record sales during the 2016-17 fiscal year.
The state-owned Steel Authority of India (SAIL) posted its best sales figures for the current fiscal year, growing up to eight percent. The company sold 13.143 million tonnes of steel in 2016-17 and 1.575 million tonnes in March, up 21 percent from the same month a year ago. SAIL posted a 12 percent increase in production over 2016-17 and exports tripled during the year. JSW Steel increased steel output to 15.80 million tonnes, up 26 percent from last year.
India's steel industry relies on good demand in construction, automotive and home appliances, industries that have been hit by demonetization. Manufacturers have maintained capacity utilization at an average of 85 percent over the past few months, up from 75 percent at the start of the year. Steel exports jumped 78 percent while imports fell 40 percent.
+38 (098) 875-40-48
|
|
|
Subscribe to news 
Metallurgy news
- Today
10:00 09:00 It is necessary to accelerate and increase the number of infrastructure projects! - 03 July 2025
20:00 The thickness of the metal matters! 19:00 "Youth shoulders is strong, old age is smart " the production of rare elements and, specifically, rare earth metals in Russia can grow seven times, said 18:00 If you are interested in geologies and you have children, I highly recommend visiting July 5 at 14: 30a href "https://t.me/d5dd0N51MSW1ZDI6 " target "_ BLANK " rel "noopener " 18:00 Severstal and VK Tech received a joint award in the category "Data Storage and Management. Import substitution of the year" 16:00 At the Baim GOK in Chukotka, an experiment will be launched on the use of unmanned self -samples 16:00 Tin: imports increased by 70%, exports fell by half
Publications
03.07 02.07 How to choose furniture in the hallway: secrets of comfort and amenities at the very beginning of your home 30.06 The choice of summer rubber 01.07 Half -dimensional naivni pidlog: 01.07 Aerated concrete blocks from the company ceramic fest
