India Steel Market Watch
November 24: India’s crude steel production in October 2015 rose 1.6% to 7.37 million tons (mt) over the September 2015 production level of 7.26 mt, latest provisional steel ministry data showed.
In October 2014, crude steel production was at 7.15 mt. This shows that crude steel production rose 3.1% year-on-year.
In April-October, production by integrated steel producers like SAIL, RINL, Tata Steel, JSW, Essar and JSPL rose 3.3% year-on-year to 27.47 mt.
Production by other steel producers fell 1.1% to 24.97 mt in April-October.
Total crude steel production in April-October, 2015-16 was up 1.2% to 52.44 mt as against 51.85 mt in the same period last year.