Tag: How Indian Steel Market Performed in FY ’21

How Indian Steel Market Performed in FY ’21

May 11, 2021

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by

Pranjal Markale

in Billet, Ferro Chrome, Ferro Silicon, HRC, Melting Scrap, Non Coking, Pellets, Rebar, Silico Manganese, Sponge Iron

Indian steel industry witnessed decline in steel output owing to reduced capacity utilization during lockdown. Domestic iron ore supply shortage pushed up the prices to record high levels on delayed resumption of auctioned leases in Odisha. Steel exports jumped by 60% on subdued domestic demand and active buying from China. The report includes Production, Export,…