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29 Feb
11:22

India to drive 2024 steel output growth: Eramet

Global steel production should increase slightly this year driven mostly by India, thanks to its government’s investment plan into infrastructure and automotive. Energy costs, however, should continue to be “relatively high”, says French miner Eramet in its 2023 earnings report obtained by Kallanish. Global steel output remained stable in 2023 at 1.8 billion tonnes, propped up mostly by India that saw production increase by 12%. While Chinese ste…
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