India's steel output grows 5 per cent
Cement

India's steel output grows 5 per cent

According to SteelMint India, India's crude steel output increased by about 5 per cent to 10.34 million tonne (MT) in November 2022. According to the research firm, the top six steel producers — SAIL, Tata Steel, JSW Steel, JSPL, AMNS India, and RINL — produced 6.28 MT of steel, with the secondary sector producing the remaining 4.06 MT.

Further according to SteelMint data, the country produced 9.88 MT of steel in the same month of 2021. Large producers produced 6.09 MT of steel in November 2021 reportedly, while the secondary industry produced 3.79 MT.

In November of last year, finished steel production increased by 3.41 per cent to 9.55 MT from 9.23 MT. The alloy's consumption increased 13.42 per cent to 9.66 MT in November, up from 8.52 MT the previous year. According to SteelMint, finished steel imports nearly doubled during the month to 0.60 MT from 0.31 MT, while exports fell 53 per cent to 0.34 MT from 0.72 MT the previous year.

Also read:
Recycling of compostable plastic mandatory from 2023-24
Noida metro Aqua Line gets green signal from PIB

According to SteelMint India, India's crude steel output increased by about 5 per cent to 10.34 million tonne (MT) in November 2022. According to the research firm, the top six steel producers — SAIL, Tata Steel, JSW Steel, JSPL, AMNS India, and RINL — produced 6.28 MT of steel, with the secondary sector producing the remaining 4.06 MT. Further according to SteelMint data, the country produced 9.88 MT of steel in the same month of 2021. Large producers produced 6.09 MT of steel in November 2021 reportedly, while the secondary industry produced 3.79 MT. In November of last year, finished steel production increased by 3.41 per cent to 9.55 MT from 9.23 MT. The alloy's consumption increased 13.42 per cent to 9.66 MT in November, up from 8.52 MT the previous year. According to SteelMint, finished steel imports nearly doubled during the month to 0.60 MT from 0.31 MT, while exports fell 53 per cent to 0.34 MT from 0.72 MT the previous year. Also read: Recycling of compostable plastic mandatory from 2023-24 Noida metro Aqua Line gets green signal from PIB

Related Stories

Gold Stories

Next Story
Infrastructure Energy

Asian Energy Services Q1 FY27 PAT Rises 129 Per Cent

Asian Energy Services Limited reported a 129 per cent year-on-year rise in net profit to Rs 128 million for Q1 FY27, compared with the corresponding quarter last year.Revenue increased 135 per cent year-on-year to Rs 2.71 billion, supported by continued momentum across its services business, disciplined execution and contributions from domestic and international operations. EBITDA grew 81 per cent year-on-year during the quarter.As of June 30, 2026, the company’s standalone order book stood at Rs 17.54 billion, with around 60 per cent coming from oil and gas services and 40 per cent from min..

Next Story
Infrastructure Urban

BioBTX to Build First Commercial-Scale Circular Chemicals Plant

Dutch circular chemistry technology developer BioBTX is building what it says will be the world’s first commercial-scale plant to convert mixed plastic waste into high-quality aromatic chemicals using its proprietary Integrated Catalytic Cracking Process (ICCP) technology.The facility will be built at Chemical Park Delfzijl on the northern coast of the Netherlands and is expected to create 35 jobs. Covestro, which has been a shareholder and strategic partner of BioBTX since 2024, holds a mid-single-digit million-euro investment in the company.BioBTX’s ICCP technology uses catalytic pyrolys..

Next Story
Real Estate

Awfis Q1 FY27 PAT Jumps 140% as Revenue Rises 27%

Awfis Space Solutions reported a 140 per cent year-on-year rise in consolidated profit after tax (PAT) to Rs 240 million for Q1 FY27, compared with Rs 100 million in the corresponding quarter last year.Revenue from operations increased 27 per cent to Rs 4.25 billion from Rs 3.35 billion, while EBITDA rose 28 per cent to Rs 1.62 billion. EBITDA margin improved to 38.2 per cent from 37.8 per cent. Profit before tax increased 135 per cent to Rs 240 million.The company's co-working business recorded 27 per cent year-on-year growth, supported by demand from enterprises, Global Capability Centres (G..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement