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Total Monthly sales of Steel majors

Writer's picture: avvsarathiavvsarathi

#Indian#six#steel major #companiesTata SteelJSW SteelJindal Steel & Power Ltd.Steel Authority of India LimitedArcelorMittal Nippon Steel India and Rashtriya Ispat Nigam Limited, Vizag Steel Plant have been on the rise throughout the year but for October and November and are back again in December'21. From April 2021-December 2021 the six major companies have sold over 51 Million Tons of Steel. The new year 2022 and last quarter of fiscal 2021-22 is likely see a big rise in #steel#consumption across the world and exports may again be good from India. #Indian#Steel#Industry must aim about 2 Million Ton of #monthly#exports with appropriate #FTA in place as planned by #Government of India..The risk factors are #Coal again, a concern with trade issues now from #Indonesia. #Australia, #Japan, #China in #RCEP are routing substantially for certain products. #RCEP has been a road block for India in terms of exports, services and many product imports too but #makeinindia is critical for us to follow for #employment, #valuecreation and #atmanirbharbharat. #Shipping#costs and #logistics may be another issue under #RCEP for #rerouting.. RCP SinghPiyush GoyalNarendra Modi

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