Tag: India finished steel consumption
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Indian crude steel output rebounds significantly in May: Govt data
India’s crude steel output stood at 5.32 MnT in May’20, significantly up by 70% in contrast with 3.14 MnT in the previous month. Improved capacity utilization on easing lockdown measures, resulted in increased output. However, output fell by 44% on a Y-o-Y basis as against 9.47 MnT in May’19. Finished steel exports soar- — India’s…