Finished steel production up by 6.6% during Apr-Sept'07

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New Delhi, Oct 23 (UNI) The production of finished carbon steel during April-September 2007 in the country was estimated at 24.80 million tonnes (MT), recording a rise of 6.6 per cent over the same period last year.

According to an official release issued here today, during April-September 2006, the production of finished carbon steel was 23.256 MT whereas the production of Pig Iron recorded a rise of 7.9 per cent at 2.582 MT.

The public sector company Steel Authority of India Ltd (SAIL) produced 6.24 MT during April-September 2007 compared to 6.01 MT last year while Rashtriya Ispat Nigam Ltd (RINL) produced 1.203 MT during the first six months compared to 1.307 MT previous year.

Import of finished carbon steel during the first six months, was up by 28.2 per cent over the corresponding period last year.

During April to September 2007, the imports stood at 2.45 MT compared to 1.911 MT in 2006.

Exports during the same period went up by 7.4 per cent, from 2.42 MT in April-September, 2006 to 2.60 MT this year, the release added.

UNI

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