India overtakes Japan to become the world’s second largest crude steel producer
India has overtaken Japan to become the world’s second largest Crude steel producer behind China in February 2018, according to the Steel Users Federation of India.
India’ crude steel production was up 4.4 per cent and stood at 93.11 million tonnes (mt) for the period April 2017 to February 2018, compared to the previous year. India overtook the US in 2015 to become the third largest producer of crude steel.
According to the World Steel Association, India produced 8,4mt of crude steel in February 2018 up 3.4 per cent over February 2017.