India Steel Market Watch
November 24: India’s steel consumption rose 14.4% in October 2015 to 7.10 million tons (mt) from 6.20 mt in September 2015, latest provisional steel ministry data showed.
In October 2014, steel consumption was at 6.62 mt. This shows steel consumption rose by 7.2% year-on-year.
In April-October 2015, steel consumption rose 4.6% to 46.24 mt, up from 44.21 mt in the same period last year.