Indian crude steel output up 5% in 2013

Steelmakers in India produced 81.2 million tonnes of crude steel in 2013, according to the World Steel Assn’s (Worldsteel) annual report released on Thursday January 23.

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This represents a year-on-year growth of 5.1%.

India remained the world’s fourth-largest steel producer country last year.

In 2012, India’s steel output reached 77.3 million tonnes, compared with 73.6 million tonnes in 2011 and 69 million tonnes in 2010.

The world’s largest steel-producing nation, China, saw production grow by 7.5% to 779 million tonnes, compared with 724.7 million tonnes in 2012.

Overall in Asia, steel production totalled 1.081 billion tonnes in 2013, up 6% against 2012’s 1.020 billion tonnes, according to Worldsteel.

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