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Budget News

  • Domestic Crude Steel Output Tanks Around 65% In April
  • May 26,2020  09:01
  • India's crude steel output fell sharply by over around 65% to 3.13 million tonnes (MT) during April, according to the World Steel Association. The government imposed a nationwide lockdown on March 25 to prevent spread of the coronavirus pandemic which hurt production, demand and supply of steel in India. The country had produced 9.02 MT of crude steel during the same month a year ago, the World Steel Association stated.

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