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11 Feb
13:48

Indian output grows as consumption rebounds

Indian steelmakers saw output grow on-year in January, as national consumption continues to recover from last year’s Covid-19 pandemic impact. Jindal Steel & Power (JSPL)’s performance however slipped from December. JSW Steel saw crude steel production grow 2% on-year in January to 1.43 million tonnes, with long products output up 5% to 359,000t but flats output down -1% to 1.01mt. Average capacity utilisation was 96% versus 91% in the December qua…
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