According to recently released data, India has become the second largest producer of steel in the world.

Daily Current Affairs / According to recently released data, India has become the second largest producer of steel in the world.

Change Language English Hindi

Category : Business and economics Published on: January 01 2024

Share on facebook

According to the data released in December 2023, India has become the second largest producer of steel in the world.
Crude steel production was 125.32 million tonnes in FY 2023.
During this period, 121.29 metric tons of steel was produced.
India is likely to produce 435 metric tons by the year 2050.
Steel is an important sector for the Indian economy, contributing to the country's GDP in FY 21-22. Holds 2% share.
At present China is the largest steel producing country in the world.

Russian tennis player Daniil Savelev accepts a 2-year doping suspension after testing positive for Meldonium in July 2024.
Read More....
India's first bio-bitumen-based national highway stretch inaugurated on NH-44 in Mansar, Nagpur, promoting sustainable road construction.
Read More....
India ranks 49th in the Network Readiness Index 2024, reflecting its progress in digital infrastructure and connectivity.
Read More....
AIM & UNDP launch Youth Co:Lab 2025, inviting innovators to promote social entrepreneurship with a focus on disability-inclusive innovation.
Read More....
Jaishankar honored with the 'Sri Chandrasekarendra Saraswathi' award for leadership.
Read More....
Government launches Jago Grahak Jago App, Jagriti App, and Jagriti Dashboard on National Consumer Day to combat online frauds and forgeries.
Read More....
Sahu Tushar Mane wins gold in 10m air rifle event at the 67th National Shooting Championships.
Read More....
India's Sairaj Pardeshi wins one gold and two silver medals at the Asia Youth and Junior Weightlifting Championships 2024.
Read More....
Manipur and Uttar Pradesh sign MoU for 'Ek Bharat Shrestha Bharat' programme.
Read More....
The 11th Summit of the D-8 Economic Cooperation Organization was held on 19 December 2024 in Cairo, Egypt, with participation from Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan, and Turkey.
Read More....

According to recently released data, India has become the second largest producer of steel in the world.