The Ministry of Steel’s Joint Plant Committee (JPC) in its latest report has stated that domestic crude steel production increased by 6.8 percent to 8.39 million tonnes (MT) in September 2017, as compared to 7.86 MT in the September 2016. During April-September 2017, crude steel production was 49.764 MT, with a growth of 4.5 percent over 47.608 MT produced in the corresponding period of the previous year.
As per the report, overall production of total finished steel for sale was at 8.814 MT, up by 5.6 percent over September 2016 and the production was down 0.2 percent compared to August 2017. During April-September 2017, production of total finished steel for sale was at 52.079 MT, a growth of 5.1 percent over same period of last year.
In April-September, hot metal output stood at 32.341 MT, registering a growth of 0.8 percent over the same period last year and in September 2017, overall hot metal production was at 5.532 MT down by 0.5 percent over August2017 but was up by 3.9 percent over September last year. In April-September, pig iron production for sale was at 4.568 MT, a fall of 3.1 percent over the same period last year and in September 2017 overall production for sale of pig iron stood at 0.776 MT, up by 3.1 percent over August 2017 and was at same level as in September 2016.