Steel Industry Updates

  • We are currently the largest steel producer after China, Japan and USA. USA produced 58 million tonnes of steel in Apr-Nov while we produced 51 million tonnes. China produces 470 and Japan 72. 
  • Indian steel industry  leads the growth rate in steel production amongst the top ten steel producing countries.
  • During April – November’12, the Indian steel industry achieved a growth rate of 5.36% which was the highest in the world. During the said period China stood third with a growth rate of 3.36%. The World’s Average growth rate of steel was just 0.97% during this period.

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