Crude Steel
Crude steel output grows to 124 MT in 2022; consumption rises: Report
India's crude steel production rose by 5.80 per cent to 124.45 million tonne (MT) in 2022, according to SteelMint. The country had produced 117.63 MT crude steel in 2021, the market research firm said. The production of finished steel was at 110.03 MT, up from over 104.54 MT a year ago, SteelMint said in its latest report. The consumption of finished steel rose to 106.48 MT, as against 98.39 MT in 2021, a year-on-year rise of 8 per cent. SteelMint attributed the increase in output and consumption to "continuous focus of the government on the infrastructure sector." According to the report, the exports in 2022 have registered a fall over the previous year, while the imports have grown in the year ended December 31. At 4.77 MT, the imports were 21 per cent higher against 3.94 MT in 2021. The exports registered a sharp fall of 44 per cent to 10.37 MT in 2022 compared to 18.5 MT a year ago. The import of raw material coking coal was almost flat at 55.94 MT in 2022, the report said.
 "Crude steel output grows to 124 MT in 2022; consumption rises: Report")
JSW Steel's combined output in Q3 grows 17% to 6.24 MT, says report
JSW Steel on Monday said its combined crude steel production rose 17 per cent to 6.24 million tonne (MT) during October-December period of 2022-23. The combined production during the year-ago quarter was at 5.35 MT, JSW Steel said in a statement. "JSW Steel reported its group combined crude steel production at 6.24 million tonne for Q3 FY23 registering a growth of 17 per cent y-o-y (year-on-year), including the production at jointly controlled entities," it said. Its standalone output rose 20 per cent to 6.06 MT in Q3 from 5.05 MT in the year-ago period. According to the company, the combined production includes output of jointly controlled entities Bhushan Power & Steel Ltd (BPSL) and JSW Ispat Special Products Ltd (JISPL), and offshore entity JSW Steel USA Ohio. JSW Steel is among India's top six steel making companies.
 "JSW Steel's combined output in Q3 grows 17% to 6.24 MT, says report")
Target is to double crude steel output in 10 years: PM Narendra Modi
Prime Minister Narendra Modi on Friday said India has set a target to double the crude steel production capacity from 154 million tonnes per annum now to 300 million tonnes per annum in the next 9 to 10 years in an order to boost indigenous capabilities. In his virtual address as the chief guest at the "bhoomi pujan" of expansion of ArcelorMittal Nippon Steel India's flagship plant at Hazira in Gujarat's Surat district, Modi said in the past, India had to import high grade steel for the defence sector, but scenario has changed now. Now, however, steel used in making 'INS Vikrant' (first indigenous aircraft carrier) was made in India, said the prime minister. "Due to everybody's efforts in the last eight years, the Indian steel industry has become the second biggest in the world," he said.
 "Target is to double crude steel output in 10 years: PM Narendra Modi")
French mineral firm Imerys plans to ramp up Vizag plant production
Will increase calcium aluminates capacity by 2030 to about 50,000 tonnes from 30,000 tonnes currently in line with India's target of achieving a 300 million tonne crude steel capacity
 "French mineral firm Imerys plans to ramp up Vizag plant production")
JSW Steel posts 22% jump in crude steel production in August this year
JSW Steel on Monday reported a 22 per cent jump in crude steel production in August this year to 16.76 lakh tonne. The private steel major had produced 13.77 lakh tonne in the year-ago month. The production of flat products at 12.01 lakh tonne in the last month was higher than 8.99 lakh tonne in August 2021. Long product volume grew by 25 per cent to 3.75 lakh tonne in the month under review as compared to 3.01 lakh tonne in the corresponding month last year. JSW officials said the average capacity utilisation was lower at 87.4 per cent due to a shortage of iron ore both in Karnataka and Odisha regions.
 "JSW Steel posts 22% jump in crude steel production in August this year")
JSW's crude steel production jumps 31% to 1.78 mn tonnes in May 2022
JSW Steel crude steel production in May on a standalone basis jumped 31 per cent to 1.78 mn tonnes, the company said on Wednesday
India's crude steel output grows 46.9% to 9.2 mn tonnes in May: Report
India registered a 46.9 per cent year-on-year growth in its crude steel output at 9.2 million tonnes in May, according to worldsteel data
 "India's crude steel output grows 46.9% to 9.2 mn tonnes in May: Report")
JSW Steel crude steel production at 1.3 mn tn in Feb, down 1% from last yr
JSW Steel reported crude steel production of 1.3 million tonnes in February, down by 1 per cent from 1.32 million tonnes in the same month of previous year
 "JSW Steel crude steel production at 1.3 mn tn in Feb, down 1% from last yr")
India's crude steel output rises 0.9% to 9 MT in October: Worldsteel
The country had produced 8.981 MT crude steel during the same month last year
India's crude steel production drops 3.2% to 9.28 MT in Jan: Report
The country had produced 9.591 MT of crude steel during the corresponding month last year
 "India's crude steel production drops 3.2% to 9.28 MT in Jan: Report")
India's steel output edges past world in H1 of CY2019, lags China
Domestic production up 5% compared to China's 10% and global output rise of 4.9%; EU churns out 2.5% less steel
 "India's steel output edges past world in H1 of CY2019, lags China")
India's crude steel production dips to 7.9 MT in June
The steel output stood at 8 MT in the same month last year
 "India's crude steel production dips to 7.9 MT in June")
