Indian steel producers churned out 9.328 MnT of crude steel in Jan’20 remaining stable on a monthly premise as against 9.591 MnT in Dec'19.
During (Apr-Jan) FY'20, crude steel production accounted for 91.521 MnT, largely stable as compared with 91.457 MnT in a similar time frame of the preceding fiscal.
India’s finished steel consumption ascended by 6% M-o-M and stood at 8.788 MnT in Jan’20 as compared with 8.290 MnT in Dec'19.
Meanwhile, the nation’s finished steel consumption moved up by 4% and stood at 83.837 MnT in (Apr-Jan) FY '20 as compared to 80.816 MnT in the same time frame of the previous fiscal.
Source: SEAISA
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