India targets 300 million tpy crude steel output by 2030-31

India is aiming to reach a crude steel production capacity of 300 million tonnes by 2030-2031, according to a draft policy report by the country's Ministry of Steel.

India produced 89.03 million tonnes of crude steel in 2015, according to the World Steel Assn (Worldsteel), while the Ministry of Steel estimates that the country currently has a production capacity of 125 million tonnes as of January 1, 2017.

India’s steelmaking capacity through the blast furnace production route is 50 million tpy, while...

Published

Viral Shah

January 12, 2017

12:39 GMT

London