Author: arlette2344

Share of Domestic Production in Consumption of Finished Steel Increasing

The following details of consumption and share of domestic production and import in the consumption of finished steel during the last three years and current year indicate that the share of domestic production in the consumption of finished steel has been increasing:- Finished Steel (in million tonnes) Year Consumption Production Import % Share of Import in consumption % Share of Domestic Production in Consumption 2018-19 98.71 101.29 7.84 7.9 92.1 2019-20 100.17 102.62 6.77 6.8 93.2 2020-21 94.89 96.20 4.75 5.0 95.0 April-June, 2021* 24.85 26.23 1.16 4.7 95.3 Source: JPC; *provisional The details of export and import of finished ... Read more