Tag: South India’s Crude Steel Production and Scrap & DRI Consumption Trend
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South India’s Crude Steel Production and Scrap & DRI Consumption Trend
Between FY’20 and FY’24, Tamil Nadu’s crude steel output grew from 2.5 million tonnes (mnt) to 4 mnt-a 60% rise. This growth trajectory is expected to continue, with production projected to touch 4.6 mnt by FY30, reflecting rising infrastructure and construction activity across the region. As steelmaking capacity expands, so does the appetite for raw…