Category: Crude Steel

Following a 7% m-o-m decline in April, the growth in crude steel production during 4MCY’25 moderated to 0.4% y-o-y from 0.6% in the first quarter. A struggling realty segment and contraction in manufacturing activity pressured crude steel production, despite mills logging robust profits, strong export bookings, and decent domestic demand. In tandem, pig iron production…