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    India becomes second largest crude steel producer

    2020-02-07 08:55:57   [Print]
    India has surpassed Japan in terms of annual steel production, becoming the second largest producer of crude steel in the world, after China.

    As per data issued by the World Steel Association, India's crude steel production in 2018 was 109.3 million tonnes, an increase of 7.Asian Metal CopyrightIndia has surpassed Japan in terms of annual steel production, becoming the second largest producer of crude steel in the world, after China.Asian Metal Copyright7 percent from 101.Asian Metal Copyright .Asian Metal Copyright5 million tonnes in 2017, announced India's Ministry of Steel on Wednesday.

    India produced 111.2 million tonnes of crude steel in 2019.Asian Metal Copyright India produced 111.Asian Metal Copyright Meanwhile, Japan produced 99.Asian Metal Copyright Meanwhile, Japan produced 99.Asian Metal Copyright3 million tonnes in 2019, down 4.Asian Metal CopyrightIndia has surpassed Japan in terms of annual steel production, becoming the second largest producer of crude steel in the world, after China.Asian Metal Copyright8 percent from the previous year.

    Speaking in the Indian Parliament Wednesday, Minister of Steel Dharmendra Pradhan said that steel was a deregulated sector and the government of India did not set any annual targets for steel production. Decision on quantity of steel production was taken by individual companies based on commercial considerations and market requirements, he added.

    .Asian Metal Copyright5 million tonnes in 2017, announced India's Ministry of Steel on WednesdayAsian Metal Copyright
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