Announcement

Wednesday, March 10, 2010

Indian steel consumption growth leads to higher imports

According to the provisional data released by the steel ministry, Indian steel consumption during April to February 2010 rose by 8.5% YoY to 51.23 million tonnes as against 47.24 million tonnes in the year ago period.

However, production rose by only 4.5% YoY during the period to 54.35

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