6th March, 2003
Ministry of Steel  


STEEL PRODUCTION UP 5.8 PER CENT


The total production of finished steel during April 2002 to January 2003 has been provisionally estimated at 26.6 million tonnes as against the production of 25.2 million tonnes during the same period last year showing an increase of 5.8 per cent. The total production of pig iron during this period has been 4.3 million tonnes as against 3.3 million tonnes during the same period of the previous year showing an increase of 30 per cent.

During these 10 months the apparent consumption of finished steel items in the country was 23 million tonnes, 4 per cent higher than the same period last year. The consumption of pig iron during this period was up by 22.6 per cent.

The export of steel during the first 10 months of this fiscal has been estimated at 34 lakh tonnes, an increase of 35 per cent compared to the corresponding period last year.