Indian steel output up 2.6% amid global slump
India was the only country among the major steel producers like Japan, China, the US and South Korea, to have increased production in 2015. According to the data from World Steel Association, India's production grew 2.6% to 89.6 million tonnes (MT) in 2015. However, the world steel production fell by 2.8% to 1,622.8 million tonnes (MT) in 2015.