Did you know India was the world’s second largest steel producer, as of 2019?
India surpassed Japan to become the world’s second largest steel producer in 2019, with crude steel production of 111.2 million tonnes. In India, as per Indian Steel Association (ISA), the demand for steel is to grow by over 7 per cent in both 2019-20 and 2020-21. In FY19, India produced 131.57 million tonnes (MT) and 106.56 MT of gross finished steel and crude steel, respectively.
Did you know India was the world’s second largest steel producer, as of 2019?
India surpassed Japan to become the world’s second largest steel producer in 2019, with crude steel production of 111.2 million tonnes. In India, as per Indian Steel Association (ISA), the demand for steel is to grow by over 7 per cent in both 2019-20 and 2020-21. In FY19, India produced 131.57 million tonnes (MT) and 106.56 MT of gross finished steel and crude steel, respectively.