Monday, September 26, 2022

What does World Steel Association say about India’s steel output?

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New Delhi: India’s crude steel production increased by 1.7 percent to 9.215 million tonne (MT) in July 2019, a World Steel Association’s report said. The total output for the corresponding month in the year-ago period stood at 9.059 MT, the global steel body said.

“India produced 9.215 MT of crude steel in July 2019, an increase of 1.7 per cent compared to 9.059 MT in July 2018,” the report said. The report comes as the government is targetting to push India’s crude steel output to 300 MT per annum by 2030.

China leads the tally

For the month of July, China’s total crude steel production stood at 85.223 MT, as against 81.180 MT in the year-ago month. Japan, on the other hand, produced 8.387 MT of the metal as compared to 8.420 MT during the same month previous year.
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South Korea’s total crude steel output stood at 6.041 MT in July 2019, followed by the US 7.514 MT, Brazil 2.449 MT, Turkey 2.925 MT and Ukraine 1.784 MT.

Global steel production at 156.697 MT

Global steel production for the 64 countries that report to the World Steel Association stood at 156.697 MT in July 2019, registering 1.7 per cent increase over 154.009 MT in July last year, the global body said.

World Steel Association is one of the largest global industry associations in the world, with members in every major steel-producing country. Its members account for around 85 percent of global steel production.

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