Latest Green Steel Initiative News & Updates

India’s Steel Sector Shows Growth in May, Reports Government

By

New Delhi, June 4 (IANS) India’s steel sector sustained its growth trajectory in May, as crude steel production reached 14.21 million tonnes, up 2.9 per cent year-on-year, the government said on Thursday.Hot metal production grew 2.0 per cent, while pig iron output (0.77 million tonnes) posted a growth of 1.1 per cent.Finished steel production reached 13.94 million tonnes in May, up 7.7 per cent. Finished steel consumption in May was 14.33 million tonnes, registering growth of 9.0 per cent YoY…