India’s steel output down 3.2% in February 2014, Worldsteel says

India recorded a 3.2% fall in crude steel production to 6.28 million tonnes in February 2014, compared with 6.48 million tonnes in February 2013, according to the World Steel Assn (Worldsteel).

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Output in the world’s fourth-largest steel-producing nation for the first two months of 2014 was also down, by 1.5% to 13.23 million tonnes, according to a Worldsteel report published on March 20.

This compared with 13.44 million tonnes produced over the corresponding period last year.

Global steel production was 125 million tonnes in February 2014, an increase of 0.6% compared with the same month last year.

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