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Indian Steel Sector Performance in May 2019 – JPC Data

Steel News - Published on Thu, 13 Jun 2019

Image Source: SteelGuru
According to media reports, which cited provisional data from the Joint Plant Committee, India produced 9.24 million tonnes of crude steel in May 2019, up 5.2% YoY against 8.78 million tonnes in May 2018 while apparent steel consumption was 8.03 million tonnes, up 7.4% YoY from 7.48 million tonnes in May 2018. Imports amounted to 865,000 tonnes down 10.3% YoY while exports sank to 611,000 tonnes down by 34.7% YoY.

From April to May 2019, crude steel production totaled 18.02 million tonnes, 3.4% higher YoY wile finished steel consumption rose by 6.5% YoY to touch 16.29 million tonnes.

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Posted By : Ratan Singh on Thu, 13 Jun 2019
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