In FY22, crude steel production in India is estimated to increase by 18%, to reach 120 million tonnes, driven by rising demand from customers. The growth in the
Steel Industry Report As of September 2021, India was the world's second-largest producer of crude steel, with an output of 9.5 MT. In FY21, the production of
India is one of the few bright spots for the world's steel industry in what is predicted to be a lower growth era. India has become the second-largest steel
Commercial steel production in India has witnessed an upward trend in the decade or so in terms of output. In FY 2020-21, Indian crude steel and finished steel
Currently, Indian steel industry has a steel capacity of 122 million tonnes (2015-16) and the world is producing 1630 million tonnes of steel. India has an
Steel has contributed immensely towards India's economic growth. This is evident from the similar growth patterns of India's. GDP and steel production in the
Steel sector has contributed significantly towards India's economic development, with slightly more than two percent of its GDP. As of 2020, India was the world
