India replaces Japan as world's second largest steel producing company, says Worldsteel :- India has been growing at a brisk pace in terms of producing steel and in the process, it has replaced Japan as the second largest steel producing country in the world. China stands firm on top as the world's largest producer of crude steel accounting for more than 51% of production as per the World Steel Association (worldsteel).
"India's crude steel production in 2018 was at 106.5 MT. up by 4.9 per cent from 101.5 MT in 2017. meaning India has replaced Japan as the world's second-largest steel producing country.. Japan produced 104.3 MT in 2018. down 0.3 per cent compared to 2017," world steel said.
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Posted by: Ravi Narasimhan <ravi.narasimhan.in@gmail.com>
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