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India's crude steel output falls 0.4 pc to 8.77 MT in Jan

Press Trust of India  |  New Delhi 

The country's production declined marginally by 0.4 per cent to 8.77 million tonne (MT) in January 2018, according to official data. had produced 8.81 MT of in January 2017. The output in January this year was lower 0.2 per cent month-on-month. However, the total output of during April- January 2017-18 at 84.42 MT shows a growth of 4.2 per cent as compared to 81.08 MT produced during the same period a year ago. The report by (JPC) under the ministry further said overall production for sale of total in January 2018 was at 9.54 MT, up 5.7 per from the year-ago period. During April-January 2017-18, production for sale of total stood at 88.59 MT, up 5.3 per from the year-ago period, it said. The overall in January 2018 (5.74 MT) was up 6.2 per cent year-on-year and higher 0.6 per cent month-on-month. During April-January 2017-18, was 55.21 MT, a growth of 2.1 per cent over the same period of last year. is the third largest of in the world after and In 2017, India's production rose nearly 6 per cent to hit an all-time high of 101.28 MT. "Between January 1, 2017 and December 31, crossed 100 MT-mark and produced 101 MT steel," had said. The country is now aiming to grab the second spot, overtaking

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, February 12 2018. 16:35 IST
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