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.

Paragraph entered by Atlantic migration, in order for SteelFirst articles to display correctly on Metal Bulletin.

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.

What to read next
Following a six-week consultation period, Fastmarkets can confirm it will amend the calculation method for all the average functions on the Fastmarkets platform from Wednesday March 1, 2023.
Consolidation, the recycling of electric vehicle batteries, US steel exports and the benefits of sustainable steelmaking were key talking points at Fastmarkets’ Scrap & Steel 2023 conference in Dallas in January
Green shoots of increased demand will emerge in US ferrous markets courtesy of the Biden administration’s trillion-dollar infrastructure package in 2023, Schnitzer’s executive vice president and chief strategy officer Richard Peach said at Fastmarkets’ Steel and Scrap Conference 2023 in Dallas, Texas
US special bar quality steel prices rose in January in line with rising scrap and alloy costs, according to market participants
European metal industry association Eurometaux has called on the European Commission to follow the lead shown by the Inflation Reduction Act and deliver a “powerful” policy to support the industry in the EU while it tries to keep up with the move to a new generation of energy markets
The fallout from Russia’s invasion of Ukraine is changing global trade flows for bauxite, with Brazilian material once again flowing into China and with the introduction of export restrictions elsewhere likely to influence availability through 2023
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
Proceed