The consumption of finished steel grew by 7.09 per cent during 2000-01. The country consumed 26.87 million tonne of finished steel during 2000-01, compared with 25.09 million tonne in 1999-2000, an official release said.
The production of finished steel, however, grew by 11 per cent during 2000-01 to 29.70 million tonne. The production of pig iron, on the other hand, decreased by 2 per cent during the year and was 3.11 million tonne.
The country exported 2.86 million tonne of finished steel during 2000-01. Total imports during 2000-01 stood at 1.79 million tonne.
Also Read
The export of salable steel during 2000-01 has been estimated at 3.12 million tonne, an increase of 9.5 per cent as compared with the corresponding period of 1999-2000.
Steel Authority of India Ltd (SAIL) posted the highest-ever salable steel production at 9.68 million tonne in 2000-01 with a record 8.74 million tonne domestic sales.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app