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India's crude steel output to soar by 38% to 140 million tonnes in 2018

According to global steel body Worldsteel, China occupies the top global position as far as steel production is concerned

Press Trust of India  |  New Delhi 


India's output is expected to soar by 38 per cent to 140 million tonnes (MT) by the end of this year, Chaudhary said.

The country produced 101.4 MT in 2017.

Domestic is likely to be 140 MT in this year, Singh told

The has earlier asked the industry to make full use of the resources available in the country to increase

outstripped Asian to become the second largest in February as its grew by 3.43 per cent to 8.434 million tonnes (MT) in the month against 8.296 MT of the latter.

According to global Worldsteel, occupies the top global position as far as is concerned.

Under the Policy (NSP), the government has set a production target of 300 MT by 2030-31.

The NSP also aims at more than doubling the per to 158 kg by 2030-31, from 70 kg at present.

First Published: Sun, April 22 2018. 12:46 IST