India’s steel consumption in December 2015, at 6.929 mt, increased by 17.3% compared to the November 2015 figure of 5.906 mt and by 1.2% compared to December 2014 figure of 6.848 mt, initial provisional steel ministry data showed.
India’s consumption of total finished steel showed a growth of 4.7% in April-December, 2015-16 at 59.083 mt compared to same period of last year. Such growth was mostly led by imports (up by 29.2%) given that finished steel production was down by 1.4% during this period.