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26 Jun
11:37

India sees rise in May finished steel production

Indian finished steel production grew 8.9% on-year to 10.90 million tonnes in May, compared to 10mt produced a year ago, according to a Joint Plant Committee report seen by Kallanish. The finished steel output mostly grew on the back of an uptick in steel consumption. The nation’s steel consumption grew 7.4% on-year to 10.32mt in May, compared to 9.61mt in May 2022. JSW Steel was by far the largest finished steel producer in May, with output increasing 7% t…
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