Indian Steel Output at Six-Month High

Steel

After declining in June, Indian crude steel production returned to growth in July climbing to a six-month high of 8.5 Mt, up by 4.6% year-on-year, according to preliminary data from the country’s Ministry of Steel. At 57.9 Mt, steel output in the first seven months of the year was up by 5.2% on the same period in 2017.