India is only country among world’s top 10 to register growth in steel production in Jan-March 2022

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India is the only country among the top 10 steel producing nations of the world to register a growth in steel production in the January to March 2022 quarter over the same three-month period last year, data released by the World Steel Association on Friday shows.</p>
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India has produced 31.9 million tonnes of steel in the period during the Jan-March quarter which represents a 5.9 percent growth. </p>
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Union Steel Minister Ram Chandra Prasad Singh congratulated the Indian steel industry for the sterling performance at a global level. He said this momentum will help country reach the targeted level of 500 million tonnes production capacity in the next 25 years of “Amritkaal.”</p>
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The minister held separate meetings with public sector and private sector steel companies earlier this week and reviewed their capital expenditure, production targets and future plans.</p>
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He exhorted them to keep in mind the carbon neutral commitment of India by 2070, hydrogen mission and clean and green steel while making strategic plans for the future.</p>