You are here: Home » PTI Stories » National » News
Business Standard

Crude steel output up 3.6 pc to 9 MT in March

Press Trust of India  |  New Delhi 

India's output grew 3.6 per cent to 9.07 million tonne (MT) during March 2018, according to official data.

The country had produced 8.76 MT during the same month a year ago.

SAIL, RINL, TSL, , JSWL & JSPL together produced 5.46 MT and the rest came from other producers, said in a report.

The data shows state-run SAIL's contribution to the country's overall output during March increased to 1.40 MT from 1.27 MT in the year-ago period.

RINL's output rose 23.9 per cent to 0.472 MT as against 0.381 MT in March 2017.

(TSL) registered a marginal fall of 0.7 per cent to 1.132 MT as against 1.140 MT in the year-ago month.

Ltd (ESL), (JSWL) and and Power (JSPL) registered a rise of 6.2 per cent and together produced 2.45 MT as against 2.31 MT.

Empowered by Ministry of Steel, (JPC) is the only institution which collects data on the Indian and

According to (worldsteel), outstripped Asian to become the second largest as its grew 3.43 per cent to 8.43 MT in February against 8.29 MT of the latter.

In May last, the Cabinet approved a new policy that aims to achieve steel making capacity of 300 MT by 2030 with an additional investment of Rs 10 lakh crore.

It also approved a policy for providing preference to domestically manufactured and in procurement by the government and its agencies.

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

First Published: Sun, April 15 2018. 11:20 IST
RECOMMENDED FOR YOU