India’s steel production declines by 1.1% in June: Reports
27/07/2017
According to the latest report by World Steel Association, India’s crude steel production declined marginally by 1.1 per cent to 7.9 million tonnes (MT) in June.The report also said that the steel output stood at 8 MT in the same month last year. However, the domestic production in the first six months of 2017 increased by 5.3 per cent to 49.48 MT over 46.9 MT in the same period of 2016, the data said.Commenting on the issue, a WSA Official told the media, “Global steel production for the 67 countries reporting to World Steel Association (worldsteel) was 141 MT in June this year, registering an increase of 3.2 per cent over 136.6 MT in June 2016.”“For the first six months of 2017, global steel production stood at 836.0 MT, up 4.5 per cent from 799.9 MT in the same period of 2016. While Japan produced 8.3 MT steel in June, a fall of 4.3 per cent from the year-ago period, the US produced 6.7 MT, down 1.7 per cent from 6.8 MT earlier,” he added.
27/07/2017
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According to the latest report by World Steel Association, India’s crude steel production declined marginally by 1.1 per cent to 7.9 million tonnes (MT) in June.The report also said that the steel output stood at 8 MT in the same month last year. However, the domestic production in the first six months of 2017 increased by 5.3 per cent to 49.48 MT over 46.9 MT in the same period of 2016, the data said.Commenting on the issue, a WSA Official told the media, “Global steel production for the 67 countries reporting to World Steel Association (worldsteel) was 141 MT in June this year, registering an increase of 3.2 per cent over 136.6 MT in June 2016.”“For the first six months of 2017, global steel production stood at 836.0 MT, up 4.5 per cent from 799.9 MT in the same period of 2016. While Japan produced 8.3 MT steel in June, a fall of 4.3 per cent from the year-ago period, the US produced 6.7 MT, down 1.7 per cent from 6.8 MT earlier,” he added.
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