How Indian Steel Market Performed in FY '21
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Indian steel industry witnessed decline in steel output owing to reduced capacity utilization during lockdown. Domestic iron ore supply shortage pushed up the prices to record high levels on delayed resumption of auctioned leases in Odisha. Steel exports jumped by 60% on subdued domestic demand and active buying from China.
The report includes Production, Export, Imports and prices of
- Iron ore
- Coal
- Scrap & Metallics
- Semi-finished steel
- Finished Steel
- Ferro Alloys
Key highlights are:
- Crude steel production: 102 mn t, -6% y-o-y
- Steel exports: 18.9 mn t, +60% y-o-y
- Steel imports: 3.9 mn t, -30%
To view or download this special report click here
