Steel Production
India Dec crude steel output up 9.5% on year, says World Steel Association
This story was originally published at 12:58 IST on 27 January 2025
Register to read our real-time news.Informist, Monday, Jan. 27, 2025
MUMBAI – Production of crude steel in India rose 9.5% on year to 13.6 million tonnes in December, according to data from the World Steel Association. During the month, the country accounted for around 9.4% of the total global steel output.
Globally, crude steel output rose 5.6% on year to 144.5 million tonnes last month because of a rise in output from China, India, Germany, and Brazil, against a fall in production in Japan, the US, Russia, South Korea, Turkey, and Iran. For Jan-Dec, global crude steel production was down 0.9% on year at 1.84 billion tonnes, while output in India jumped 6.3% to 149.6 million tonnes.
China, the world's largest producer, reported a rise in crude steel output by 11.8% on year to 76 million tonnes last month. For Jan-Dec, the country's output declined 1.7% on year to 1 billion tonnes, accounting for nearly 55% of global production for that period.
Steel production in Germany rose 4.1% on year to 2.7 million tonnes in December. Crude steel production in Brazil rose 1.8% on year to 2.6 million tonnes last month, while that in Iran plunged 8.2% on year to 2.6 million tonnes. Similarly, steel output in Turkey fell 7.6% on year to 3 million tonnes.
In Japan, crude steel production declined 1.1% on year to 6.9 million tonnes. Production in the US fell 2.4% on year to 6.7 million tonnes. Russia produced an estimated 5.7 million tonnes of steel last month, down 8.6% on year, and output in South Korea dropped 3.2% on year to 5.2 million tonnes. End
Reported by Ashutosh Pati
Edited by Namrata Rao
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd by NSE Data & Analytics Ltd, a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt Ltd.
Informist Media Tel +91 (22) 6985-4000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2025. All rights reserved.
To read more please subscribe
Share this Story:
