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Indian steel production rises 4.5% in April-May

Индийское производство стали поднимается на 4,5% в апреле-мае
The Indian steel sector has grown rapidly over the past few years and is now the third largest steel producer worldwide, contributing approximately 2% of the country's GDP.

India produced 16.391 million tonnes of crude steel in the first two months since the start of the new fiscal year, up 4.5% from the previous year.

Steel production in May amounted to 8.163 million tons, up 2.2% compared to 7.989 tons last year. However, steel production fell by about 0.8% from 8.228 million tonnes in April.

SAIL, RINL, TSL, Essar, JSWL and JSPL together produced 9.292 tonnes during April-May 2017, an 8% increase over the same period last year, with the remaining 7.099 million tonnes coming from other producers, according to a leading news agency. countries.


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