Latest News | India Steel Output Grows 18 Pc to 118 MT in 2021

New Delhi, Jan 30 (PTI) India's crude steel production rose by nearly 18 per cent to 118 million tonne (MT) in 2021, while world leader China recorded a 3 per cent decline to 1 032.8 MT, according to worldsteel.

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India, which is the second largest steel producing nation, had manufactured 100.3 MT steel in 2020 and China had produced 1 064.7 MT of steel in the same year, World Steel Association (worldsteel) said in its report.

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"Total world crude steel production was 1,950.5 MT in 2021, a 3.7 per cent increase compared to 1 880.4 MT in 2020," the global industry body said.

According to the report, in 2021, Japan produced 96.3 MT steel as against 83.2 MT in 2020. The United States' output was at 86 MT compared to 72.7MT a year ago.

While Russia produced 76 MT steel, South Korea produced 70.6 MT, Turkey 40.4 MT, Germany 40.1 MT, Brazil 36 MT and Iran produced 28.5 MT steel in 2021.

Out of 1,950.5 MT, the top ten steel producing countries jointly produced 1,624.8 MT, the rest came in from other steel producing member nations.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)