India’s crude steel output declines 4% to 8.99 MT in Jan
NEW DELHI: India's crude steel production fell by 3.84 per cent to 8.995 million tonnes (MT) in January 2019, according to the Joint Plant Committee (JPC). The fall is reported after World Steel Association (worldsteel) recently announced that India has replaced Japan as the world's second-largest steel producing country. On January 25, worldsteel in its report noted that India's crude steel production in 2018 was at 106.5 MT, while as Japan produced 104.3 MT in 2018. "Crude steel production stood at 8.995 MT in January 2019, down by 3.8 per cent over January 2018, and was down by 0.2 over December 2018," the JPC said in its latest report.