Steel output in June quarter grows 4.3% to 24.73 mt

Last month, the production rose 3.24% at 8.29 mt against 8.03 mt in June 2016

India’s crude steel production grew 4.3 per cent to 24.73 million tonne (mt) during first quarter of the ongoing financial year.
 

The crude steel production stood at 23.71 mt during April-June of 2016-17, Joint Plant Committee (JPC), a body under the Ministry of Steel, said in its latest report.

Last month, the production rose 3.24 per cent at 8.29 mt against 8.03 mt in June 2016.

In April-June, hot metal output stood at 15.99 mt, registering a growth of two per cent over same period last year, JPC said in the report adding, “overall hot metal production last month at