SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Crude steel production dips to 9.412 MT in March

02 May 2019 Evaluate

World Steel Association's (worldsteel) has reported that India's crude steel production dipped about 1% to 9.412 MT during March 2019, compared to last year same month's 9.506 MT. India had reported 1.9% fall in steel production in January, while February saw a rise 2.3% rise in crude steel output.

As per report, about 155 MT of crude steel is produced globally in March 2019, up by 4.9% compared to 147.71 MT in March 2018. China's crude steel production during March was at 80.326 MT, up 10% from 73.047 MT produced in March 2018. Japan's crude steel production remained unchanged at 9.1 MT in March. The US produced 7.8 MT of crude steel in March, up 5.7%, while South Korea reported a 2.8% rise in its output at 6.3 MT. In the EU, Italy's crude steel production for March 2019 was 2.3 MT. France produced 1.4 MT of crude steel and Spain 1.4 MT.

The World Steel Association is one of the largest industry associations in the world with 64 countries reporting to it. It represents steel producers, national and regional steel industry associations, and steel research institutes. Its members represent around 85% of global steel production.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×