Tag: India’s route-wise crude steel production in FY’24

Data shows that the growth in production was undoubtedly spearheaded by the IFs which grew 25% y-o-y to 50 mnt against 40 mnt seem in FY’23. The electric arc furnaces (EAFs) showed 12% growth to 31 mnt (28 mnt). The basic oxygen furnace (BOF) route, in comparison, fell back a little with a mere 5%…