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Indian Crude Steel Production Grow Rapidly

Shannxi Shew-E Steel Pipe Co.,Ltd | Updated: Mar 31, 2017

Indian crude steel production grow rapidly

The world steel association (WSA) released 67 the world's crude steel production data steel-producing countries and regions from February and the first two months of this year.

the total crude steel industry data of main steel-producing countries and regions In January-February,2017 shown the following figure.

crude steel production

In addition, the world's crude steel utilization rate of 67 countries and regions  reached 70.3% in February 2017 ,increased by 4% year-on-year,and increased by 1.1% from January .This means that the global steel industry is booming and the steel production continues to grow unabated.

From Japan and India, the changes of the iron steel production in recent ten years , can see that Japan's crude steel output is more stable on the whole, the change range of growth rate is little;India's crude steel production is rising and rising fast and occasionally increase more than 10%.

If Indian crude steel production growth rate reached more than 10% in 2017,that means Indian's crude steel production will break through one hundred million tons and reached more than 105.2 million tons, will replace Japan as the second-largest crude steel production in the world.


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