Production of finished carbon steel during April-September 2007 was estimated at 24.80 million tonnes, recording a rise of 6.6 per cent over the same period last year. During April-September 2006, the production of finished carbon steel was 23.256 million tonnes. Production of Pig Iron recorded a rise of 7.9 per cent at 2.582 million tonnes. Steel Authority of India Ltd. (SAIL) produced 6.24 tonnes during April-September 2007 compared to 6.01 million tonnes last year while Rashtriya Ispat Nigam Ltd.(RINL) produced 1.203 million tonnes during the first six months compared to 1.307 million tonnes previous year.
Import of finished carbon steel during the first six months, April to September 2007, was up by 28.2 per cent over the same period last year. During April to September 2007, the imports stood at 2.45 million tonnes compared to 1.911 million tonnes in 2006. Exports during the same period went up by 7.4 per cent, from 2.42 million tonnes in April-September, 2006 to 2.60 million tonnes this year.
DNM/AT/CC
(Release ID :32128)