India’s crude steel output rises 4% to 8.4 MT in August
India’s crude steel production registered a growth of 4 per cent to 8.4 million tonnes (MT) in August this year, according to the latest report of World Steel Association.
The steel output stood at 8.1 MT in August last year, it said. India’s domestic production in the January-August period of 2017 increased by 5 per cent to 66.4 MT over 63.2 MT in the same period of 2016, the data showed.
Global steel production for the 67 countries reporting to World Steel Association (world steel) was 143.6 MT in August this year, registering an increase of 6.2 per cent over 135.1 MT in August 2016. The crude steel production of China for August was 74.6 MT, an increase of 8.7 per cent compared to the same month in 2016.