India’s crude steel production fell by 2.9 per cent to 8.520 million tonnes (MT) in September 2020, according to the World Steel Association (worldsteel). The country had produced 8.772 MT of crude steel during the same month last year, the global industry body said in its latest report. However, global steel output has shown a positive trend, the data showed.”Crude steel production for the 64 countries reporting to worldsteel was 156.359 MT in September 2020, a 2.9 per cent increase compared to 151.885 MT in September 2019,” worldsteel said. The body added that “due to the ongoing difficulties presented by the COVID-19 pandemic, many of this month’s figures are estimates that may be revised with next month’s production update.”

(Business Standard)