9,612.84 TRY BIST 100 BIST 100
5.24 CNY CNY CNY
40.78 EUR EUR EUR
37.83 USD USD USD
0.13 CNY CNY/EUR CNY/EUR
45.53 TRY Interest Interest
73.74 USD Fossil Oil Fossil Oil
34.28 USD Silver Silver
5.09 USD Copper Copper
103.77 USD Iron Ore Iron Ore
356.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,761.14 TRY Gold (gr) Gold (gr)

India's crude steel production increased in August

In a recent report released by the Joint Plant Committee (JPC), India's crude steel production for the month of August witnessed a significant surge, recording a remarkable 17.4% increase compared to the same period last year. The data reveals a robust performance in the country's steel industry, with key players making substantial contributions.

India's crude steel production increased in August

Among the top performers, JSW Steel emerged as the frontrunner, contributing approximately 2.2 million tons of crude steel. This achievement marks a notable year-on-year growth of 16.3%, solidifying JSW Steel's position as a major player in India's steel manufacturing landscape.

Tata Steel Secures Second Place

Tata Steel, another prominent player in the industry, secured the second spot with a production volume of 1.7 million tons. This figure represents an impressive 8.8% increase compared to the previous year.

Steel Authority of India Limited (SAIL), a longstanding contributor to the country's steel production, closely followed with a production figure of nearly 1.6 million tons.

The data also highlights the diverse methods employed in India's steel production. Approximately 43% of the crude steel was produced using blast furnaces and basic oxygen furnaces, showcasing the importance of traditional methods. Meanwhile, electric arc furnaces and the induction furnace route contributed 23% and 34%, respectively, demonstrating the industry's growing adoption of more modern and efficient production techniques.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Trump’s Tariffs Took a Toll on American Manufacturers’ Finances

Friday, March 28, 2025

ArcelorMittal Industeel and EDF Renewables announced the construction of a solar plant in France

Friday, March 28, 2025

IFC's EUR 250 million financing support to Aperam for decarbonization in steel production

Wednesday, March 26, 2025

Kuwait Gains Access to Global Debt Markets After Law Amendment

Friday, March 28, 2025

China's international trade volume increased by 14% in February

Friday, March 28, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now