India: Bar And Rod Production Up By 4% During Apr-Dec’16

According to the statistics released by the Steel Ministry , India’s total bar and rod production during Apr- Dec’16 stood at 25.80 MnT compared to 24.90 same period last year. It means production was up by 4%.

The large steel producers like RINL, Tata Steel, SAIL, JSPL, JSW Steel has reported an increase in production by 5.2% to 8.4 MnT during Apr- Dec’16 while small producers registered a marginal increase of 3% to 17.4 MnT in the same duration.

India’s bar and rod production during Apr-Dec’16

Month SAIL RINL TSL JSPL JSWL Total ISP M-o-M Mini & other producers M-o-M Total Production
Apr’16 1,89,000 1,82,000 2,41,000 74,000 2,26,000 9,12,000 -13.6% 18,40,000 32% 27,52,000
May’16 1,90,000 2,41,000 2,66,000 69,000 2,33,000 9,99,000 +9.5% 21,10,000 +14.7% 31,09,000
June’16 1,83,000 2,45,000 2,47,000 40,000 2,20,000 9,35,000 -6.4% 19,90,000 -5.7% 29,25,000
July’16 2,02,000 2,16,000 2,49,000 45,000 2,28,000 9,40,000 +0.5% 17,27,000 -13.2% 26,67,000
Aug’16 1,89,000 2,40,000 2,62,000 56,000 1,89,000 9,36,000 -0.4% 19,17,000 +11% 28,53,000
Sep’16 1,92,000 1,89,000 2,63,000 46,000 1,62,000 8,52,000 -9% 19,75,000 +3% 28,27,000
Oct’16 2,12,000 2,83,000 2,59,000 36,000 2,06,000 9,96,000 +16.9% 19,88,000 +0.7% 28,27,000
Nov’16 1,90,000 2,68,000 2,55,000 76,000 1,39,000 9,28,000 -6.8% 18,59,000 -6.5% 29,84,000
Dec’17 1,82,000 2,77,000 2,67,000 17,000 1,66,000 9,09,000 -2% 19,86,000 +6.8% 28,81,000
Total(Apr-Dec’16)* 17,29,000 21,41,000 23,09,000 4,59,000 17,69,000 84,07,000   1,73,92,000   2,57,99,000
Total(Apr- Dec’15)* 15,29,000 18,80,000 22,75,000 6,31,000 16,77,000 79,92,000 +5.2% 1,69,19,000 +2.8% 2,49,11,000

* Compared to Year-on-Year (Y-o-Y)
Quantity in MT
Source: JPC – Steel Ministry, SteelMint Research


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *