Data monitor: Steel output good, demand slipped in September

By: |
November 08, 2021 6:44 AM

Crude steel and finished steel production during September 2021 stood at 9.5 million tonnes (MT) and 9 MT, respectively, indicating growth of 8.7% and 4.7%, respectively, in y-o-y terms and growth of 9% and 11%, respectively, compared with September 2019.

Engineering and packaging industry consumed 20.9 MT steel compared to 22 MT in 2019-20.Engineering and packaging industry consumed 20.9 MT steel compared to 22 MT in 2019-20.

Crude steel and finished steel production during September 2021 stood at 9.5 million tonnes (MT) and 9 MT, respectively, indicating growth of 8.7% and 4.7%, respectively, in y-o-y terms and growth of 9% and 11%, respectively, compared with September 2019.

Consumption of finished steel was down 3.6% y-o-y and down 3% vs September 2019.

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