India’s steel production grows 5.2% in August
23/09/2014 14:21
Steel production in India surged in August helped by increased production by major producers, supporting India to maintain its fourth slot among major steel producing nations preceded by China, Japan and the United States, said the media report.
The steel production in India in August grew 5.2 per cent at 7.02 million tonnes (MT) over the same month a year ago, according to the data from World Steel Association.
According to World Steel Association, global production rose by an average of 1.4 per cent in August to stand at 135 MT compared to the same month a year ago.
Reporting a mere 1 per cent growth, China produced 69 MT steel in August this year compared to 68.2 MT in the same month a year ago, WSA data revealed.
However, for the January-August period, global average of the growth in steel production looked better at 2.4 per cent against India's average of 1.8 per cent.
During the eight-month period, world's steel production rose to 1,096 MT compared to India's production of around 56 MT. China produced 550 MT steel during the period.
23/09/2014 14:21
Steel production in India surged in August helped by increased production by major producers, supporting India to maintain its fourth slot among major steel producing nations preceded by China, Japan and the United States, said the media report.
The steel production in India in August grew 5.2 per cent at 7.02 million tonnes (MT) over the same month a year ago, according to the data from World Steel Association.
According to World Steel Association, global production rose by an average of 1.4 per cent in August to stand at 135 MT compared to the same month a year ago.
Reporting a mere 1 per cent growth, China produced 69 MT steel in August this year compared to 68.2 MT in the same month a year ago, WSA data revealed.
However, for the January-August period, global average of the growth in steel production looked better at 2.4 per cent against India's average of 1.8 per cent.
During the eight-month period, world's steel production rose to 1,096 MT compared to India's production of around 56 MT. China produced 550 MT steel during the period.
