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India's crude steel output up 6% at 26 MT

Press Trust of India  |  New Delhi 

India's output grew six per cent to 26 million tonne (MT) in the first quarter of the ongoing financial year, according to official data.

The country had produced 24.5 MT of during April-June, 2017-18, the (JPC) said in its latest report.

The JPC, under Ministry of Steel, collects and maintains data on the domestic and

"During April-June, production was 26.08 MT (provisional), a growth of 6.2 per cent over same period of last year," the report said.

State-run SAIL, (RINL), Tata Steel, Essar Steel, and Jindal Steel and (JSPL) together produced 15.6 MT during the three-month period, registering a growth of 12 per cent over the year-ago period.

During the reported quarter, the output of was at 17.88 MT as compared to 16.10 MT during the year-ago period, an increase of 11 per cent.

The output of pig rose 5 per cent to 2.58 MT from 2.45 MT in April-June of 2017-18.

According to Steel Organisation (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 crude steel 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, July 08 2018. 10:55 IST