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Seven-Month High for Indian Steel Output
Indian crude steel production rose by 5.2% year-on-year to a seven-month high of 8.7 Mt in October, according to preliminary reports from the country’s Ministry of Steel. Output has now risen on an annual basis in every month since January 2016, with production in the first nine months of 2017 up by 5.6% year-on-year at 83.9 Mt.