India Steel Market Watch
December 23: India’s finished steel production in November 2015 fell 9.8% to 7.05 million tons (mt) over the October production figure of 7.82 mt, the latest provisional steel ministry data showed.
In November 2014, finished steel production was at 7.70 mt. This shows that finished steel production fell 8.4% year-on-year.
In April-November, 2015, finished steel production fell 1.4% to 60.42 mt from 61.25 mt a year ago. Production by SAIL, RINL, Tata Steel, JSW, Essar and JSPL remained unchanged year-on-year at 30.71 mt. Production by other steel producers’ fell 3% to 35.03 mt in April-November.