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Crude steel output up 6 pc to 8.73 MT in July

Press Trust of India  |  New Delhi 

India's output grew six per cent to 8.73 million tonne (MT) during July 2018, according to an official data.

The country had produced 8.22 MT during the same month a year ago, (JPC) said in its latest report.

JPC, under Ministry of Steel, is the only institution in the country that collects and maintains data on the domestic and

State-run SAIL, (RINL), Tata Steel, Essar Steel, and Jindal Steel and (JSPL) together produced 5.23 MT during July. This was 9.48 per cent more compared to 4.78 MT the six players had produced in July 2017.

The contribution of other producers also grew 1.4 per cent to 3.49 MT during the month, it added.

The output of was at 5.94 MT as compared to 5.44 MT in the year-ago month. While 4.98 MT was produced by the six companies, the rest 0.96 MT came from other producers.

Output of pig rose 9 per cent to 0.49 MT from 0.45 MT in July 2017.

According to (worldsteel), outstripped 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.

has set a target of producing 300 MT by 2030 with an investment of Rs 10 lakh crore.

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

First Published: Sun, August 12 2018. 12:25 IST