India crude Steel output down 1.1% in June


Crude Steel production in India declined to 7.95 million tonnes in June, down 1.1% as compared to 8.06 million tonnes in the same month last year, the World Steel Association (worldsteel) has reported.

India's Crude Steel production was 49.482 million tonnes in the first six months of 2017, up by 5.3% as compared to 46.98 million tonnes in the same period last year.

World crude Steel production for the 67 countries reporting to worldsteel was 141.0 million tonnes (Mt) in June 2017, a 3.2% increase compared to June 2016. This brought global Steel output for the six months to June 30 to 836-million tonnes, a 4.5% year-on-year increase.

China’s crude Steel production for June 2017 was 73.2 million tonnes, an increase of 5.7% compared to June 2016. Japan produced 8.4 million tonnes of crude Steel in June 2017, a decrease of 4.3% compared to June 2016.

Source: Commodity Online

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