India Steel Market Watch
November 24: India’s sponge iron production rose 0.9% to 1.49 million tons (mt) in October 2015 from 1.48 million tons in September 2015, the latest provisional steel ministry data showed.
In October 2015, sponge iron production stood at 1.69 million tons. This shows sponge iron production fell 11.7% year-on-year.
In April-October 2015, sponge iron production fell 10.8% to 10.86 mt, down from 12.18 mt in the same period last year.
Steel production data based on latest provisional steel ministry data (in '000 tons) (provisional) |
|||||
Particulars |
Oct-15 |
Sep-15 |
Oct-14 |
Apr-Oct 2015-16 |
Apr-Oct 2014-15 |
Crude steel production |
7377 |
7261 |
7153 |
52448 |
51851 |
Finished steel production |
7827 |
7167 |
7685 |
53364 |
53551 |
Steel consumption |
7101 |
6205 |
6624 |
46248 |
44212 |
Steel Import |
1181 |
929 |
883 |
6682 |
4718 |
Steel Export |
255 |
296 |
509 |
2279 |
3258 |
Pig iron production |
799 |
786 |
770 |
5628 |
5529 |
Sponge iron production |
1494 |
1481 |
1692 |
10867 |
12180 |
Source: Steel Ministry