India Steel Market Watch
November 24: India’s finished steel production in October 2015 rose to 7.82 million tons (mt) over the September production figure of 7.16 mt, the latest provisional steel ministry data showed.
In October 2014, finished steel production was at 7.68 mt. This shows that finished steel production rose 1.8% year-on-year.
In April-October, 2015, finished steel production fell 0.3% to 53.36 mt from 53.55 mt a year ago. Production by SAIL, RINL, Tata Steel, JSW, Essar and JSPL rose 1.1% year-on-year to 27.11 mt. Production by other steel producers’ fell 1.9% to 31.01 mt in April-October.