India becomes the only country among top 10 steel growth
Steel Minister Ram Chandra Prasad Singh encouraged it to sustain this level of performance in this year. He said, such momentum of production will help India reach the targeted level of 500 million tonne production capacity in the next 25 years of Amritkaal.
Key Points:
- According to data released by the World Steel Association on April 22, India is the only country among the top ten steel-producing nations in the world that grew steel output from January to March 2022 over the same period last year.
- India has produced 31.9 million tonnes of steel from January to March this year with a growth of 5.9 percent.
- India’s growth rate is 4.4 percent, with 9 million tonnes of steel produced in March 2022.