Indian Stainless Steel Development Association said that Indian domestic stainless steel production will reach the 3.6 million tonne mark at the end of 2017. If the output crosses that level, it will be about 9 per cent more than last year’s.
President of ISSDA Mr KK Pahuja, citing data collected by the International Stainless Steel Forum (ISSF), told PTI that “The production of stainless steel in the country at the end of the calendar year 2016 was 3.3 million tonne. At present, we (the industry) are growing at a rate of 8-9% YoY.”
Source : PRESS TRUST OF INDIA
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