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29 Oct
12:20

Indian crude steel production falls amid coal shortage

Indian crude steel production declined 3% on-month to 9.55 million tonnes in September, against 9.86mt in August, according to worldsteel data. The nation’s direct reduced iron output plunged 6% to 2.99mt, against 3.18mt a month earlier. India produced 87.29mt of crude steel in January-September, up by 23% on-year, Kallanish notes. Finished steel production declined marginally by 0.6% on-month to 9mt. Finished steel consumption, however, grew 2.3% to 8.2mt …
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