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10 Feb
10:12

Indian consumption rises, imports plummet in January

Indian finished steel consumption grew 4.3% on-year in January to 7.35 million tonnes, while imports plummeted -41.7% to 602,000t, according to an Indian Joint Plant Committee (JPC) report seen by Kallanish. Indian merchant finished steel production rose 10.2% on-year in January to 8.91mt and exports surged 224.5% to 889,000t. Crude steel production increased 11.5% to 8.37mt. Indian finished steel use in April-January thus grew 3.5% on-year to 68.89…
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