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India's crude steel production increased in August

In a recent report released by the Joint Plant Committee (JPC), India's crude steel production for the month of August witnessed a significant surge, recording a remarkable 17.4% increase compared to the same period last year. The data reveals a robust performance in the country's steel industry, with key players making substantial contributions.

India's crude steel production increased in August

Among the top performers, JSW Steel emerged as the frontrunner, contributing approximately 2.2 million tons of crude steel. This achievement marks a notable year-on-year growth of 16.3%, solidifying JSW Steel's position as a major player in India's steel manufacturing landscape.

Tata Steel Secures Second Place

Tata Steel, another prominent player in the industry, secured the second spot with a production volume of 1.7 million tons. This figure represents an impressive 8.8% increase compared to the previous year.

Steel Authority of India Limited (SAIL), a longstanding contributor to the country's steel production, closely followed with a production figure of nearly 1.6 million tons.

The data also highlights the diverse methods employed in India's steel production. Approximately 43% of the crude steel was produced using blast furnaces and basic oxygen furnaces, showcasing the importance of traditional methods. Meanwhile, electric arc furnaces and the induction furnace route contributed 23% and 34%, respectively, demonstrating the industry's growing adoption of more modern and efficient production techniques.

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