With the timely theme āDecarbonisation v/s Growthā this mega event is all set to become the potential game changer. The 6th edition of āMake In Steelā to bring together structural steel technocrats from all over India and abroad on 10th February 2023 in New Delhi.Experts to deliberate on state-of-the-art steel offerings and address the deep-rooted...
Tag: World Steel Association
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Crude steel production up 8.9% at 8.1 MT in February
Indian crude steel production registered a growth 8.9 per cent to 8.1 million tonnes (MT) in February compared to the same month last year, the World Steel Association has said.
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Indian steel output growth lower than world average
In September, India's steel production growth fell short of the world average with the country clocking 4.7 per cent growth compared to the world average of 6.1 per cent. The World Steel Association (WSA) said India's steel output grew to 6.54 million tonne (mt) in September from 6.24 mt during the same month last year.
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Steel production rises marginally by 0.9% in June
In June 2013, steel output in India rose a mere 0.9 percent to 6.45 million tonne (mn t) from 6.39 mn t in the year-ago month. It is learnt that during the month, India's rate of growth in steel production declined below the world average. Data from World Steel Association (WSA) shows global steel output touched 132 million tonne in June 2013, a 1.9
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India steel output rises 3% in 5 months to May
Data from the World Steel Association (WSA) shows that India's steel output rose 3 percent to 33.5 million tonne during the first five months of this year (Jan-May 2013). This is well above the world average growth rate of 2.1 percent at 658 million tonne. In May 2013, India's steel output expanded at a lower rate of 1.5 percent as against the global growth rate of 2.6 percent. During the month, India produced 6.73 million tonn
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World steel output grows 1.2% in April
Global steel production grew 1.2 per cent in April 2013 to 132.11 million tonne (mn t) compared to 130.50 mn t in the corresponding month of previous year, data from the World Steel Association shows. It is noteworthy that nearly half of the global production has come from China at 65.65 mn t during the month. Steel output in the country grew 6.8 per cent over the same month last year, data the association shows
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Steel output expands 6.5% in March
The country witnessed the fastest rate of growth in steel production during March in the last three months at 6.5 percent to 6.86 million tonne (mn t), data from the World Steel Association shows. It may be noted that in January, steel output grew at a slower rate of 3.8 percent to 6.6 mn t while in February it contracted 0.5 percent to 6.2 mn t over the year ago perio
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WSA reduces growth forecast for steel usage
According to a recent report of the World Steel Association (WSA), the growth of the global apparent steel usage (ASU) may decline to 2.9 percent in 2013. The association had earlier forecast the growth rate at 3.2 percent in its October 2012 release. Demand for steel may be subdued because of macroeconomic events like the Eurozone crisis, slowdown in the Chinese economy and U
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Chinese steel usage may grow 3.5% in 2013
According to a forecast by World Steel Association (WSA), consumption of steel in China may grow 3.5 per cent in 2013 to 668.8 mn t, following a 1.9 per cent increase in 2012. But the association expects steel demand growth in China to slow in 2014 to 2.5 per cent on the back of the local government's measures to control investment in an effort to re-balance the
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Steel output contracts marginally in February
Data from the World Steel Association (WSA) shows that steel output in India contracted a marginal 0.5 per cent to 6.2 million tonne (mn t) in February from 6.229 mn t in the year-ago month. During the same month, global steel production expanded 1.2 per cent to 123 mn t. The US produced 6.7 mn t steel in February 2013, down 11.8 per cent over the same month last year
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