India’s crude steel production stood at 8.629 million tonnes (MT) in October 2017. As per report compiled by global steel body the World Steel Association (World-steel), this is a rise of 5.3% compared to production of 8.197 MT of steel during the same month last year.
According to the report, India’s steel output during January-October 2017 was 6.4% higher at 84.123 MT, as against 79.073 MT during the corresponding period of 2016.
India is the world leader in stainless steel production and the third largest crude steel producer. World-steel has 66 member countries, representing approximately 85% of the world’s steel production.
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