India's crude steel production grows 4.3% during Q1: JPC 10/07/2017

India's crude steel production grows 4.3% during Q1: JPC
10/07/2017

The Indian Government has said that India's crude steel production grew 4.3 per cent to 24.73 million tonne (MT) during first quarter of the ongoing fiscal. Commenting on the issue, a Joint Plant Committee (JPC) told the media, “The crude steel production stood at 23.71 MT during April-June of 2016-17.” “Last month, the production rose 3.24 per cent at 8.29 MT against 8.03 MT in June 2016. In April-June, hot metal output stood at 15.99 MT, registering a growth of two per cent over same period last year. Overall hot metal production last month at 5.32 MT was almost at the same level as in June 2016 and May 2017," he added. As per reports, during the quarter, the country's pig iron production for sale was at 2.28 MT, down three per cent over same period last year. Overall production for sale of pig iron last month was at 0.75 MT, down 0.9 per cent over May this year and 3.7 per cent over June 2016.

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