India: Crude steel output increase over 9% m-o-m in Jul ’20

India’s crude steel production reached 7.57 mn t in Jul ’20, up 9.5% m-o-m as against 6.9 mn t in Jun ’20. Out of the total production, share of PSUs is 18.7% which has also increased as compared to 15.4% in Jun ’20. Improved demand on easing lockdown measures and improved capacity utilization resulted in increase in steel output.


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