+
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 Transport

97 Per Cent Of Rongjeng-Mangsang-Adokgre Road Nears Completion

Deputy Chief Minister in-charge of public works Prestone Tynsong said in Shillong on 26 August that 97 per cent physical progress had been achieved on the ongoing Rongjeng-Mangsang-Adokgre road being constructed under the Non-Lapsable Central Pool of Resources (NLCPR). He noted the project was sanctioned in 2017 and that the stipulated time for completion had been 24 months from issue of the final work order. The deputy chief minister informed the assembly that the government had decided to include the remaining work under a World Bank project. In reply to a query from Rongjeng MLA Jim M Sangm..

Next Story
Infrastructure Transport

First TBM Starts Digging Five Point Three Kilometre Tunnel Under SGNP

The Goregaon-Mulund Link Road (GMLR) Phase three (B) project has reached a key milestone as the first tunnel boring machine (TBM) began excavation of the first of two tunnels beneath the Sanjay Gandhi National Park (SGNP). The machine, named Tulsi, started cutting a five point three kilometre bore that will link Dadasaheb Phalke Chitranagari in Goregaon East with Amar Nagar in Mulund West. Officials issued a statement noting the commencement of tunnelling work under the protected green belt. The twin tunnels are being constructed using mechanised tunnelling methods that aim to limit surface di..

Next Story
Infrastructure Transport

UP Approves Two Expressways And Rs 240 bn Infrastructure Push

The Uttar Pradesh Cabinet approved a series of infrastructure and industrial investment proposals totalling Rs 240 billion (Rs 240 bn), including two major expressway projects, a manufacturing and logistics cluster in Sultanpur and incentives for 11 industrial projects across the state. The decisions, taken at a meeting chaired by Chief Minister Yogi Adityanath, underline the state government’s focus on expanding road connectivity around emerging industrial hubs while attracting manufacturing investment to districts beyond major urban centres. The approvals cover both greenfield expressway c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code