- Tag results for steel production
Chief Minister N Chandrababu Naidu laid the foundation stone for Integrated Steel Plant at M Kambaladinne of Mylavaram mandal in Kadapa district on Thursday.
India’s steel sector consolidation will drive improvement in the industry’s capacity utilisation levels and mute the pressure on profitability, Moody's said.
The NSP also aims at more than doubling the per capita steel consumption to 158 kg by 2030-31, from 70 kg at present.
Indian steel production is expected to be around 103 million tonnes in the fiscal year to March, and rise by 10 percent in the 2018/19 fiscal year, said Steel Secretary Aruna Sharma.