India’s Crude Steel Output Declines by 65% to 3.13 MT in April 2020: WSA Report

The crude steel output of India declined over 65% to 3.13 million tonnes (MT) during April 2020 according to the report of World Steel Association (WSA).
India had produced 9.02 MT of crude steel in April 2019.
Similarly, India saw 14% decline in steel output at 8.65 MT in March 2020 as compared with 10.04 MT in March 2019.
At the same time, the global steel output also declined 13% to 137.09 MT in April 2020 as compared with 157.67 MT in April 2019.
The nationwide lockdown imposed to prevent spread of the coronavirus pandemic has impacted the production, demand and supply of steel in India.
World Steel Association (WSA) headquarter- Brussels, Belgium