The total production
of finished steel in the country, during April to November 2002
has been provisionally estimated at 20.84 million tonnes against
19.78 million tonnes during the same period last year, showing
an increase of 5.4 per cent. The total production of pig iron
during this period has been 3.17 million tonnes against 2.54 million
tonnes during the same period of last fiscal showing an increase
of 24.5 per cent. The export of 23.3 lakh tonnes of steel during
these eight months has also shown a growth of 15.8 per cent. During
this period the apparent consumption of finished steel has gone
up by 4.7 per cent and the consumption of pig iron by 24.4 per
cent compared to the same period last year.