Steel News

We strive to let you one step ahead of the market.

India’s stainless steel production slides in 2020

6 Apr 2021 15:25 reported by Joy Liu

A A A
According to statistics from Indian Stainless Steel Development Association (ISSDA), the country’s stainless steel production totaled 3.17 million tons in the calendar year 2020, sliding by 19% compared to the previous year.

Although India implemented a national COVID-19 lockdown from April to June 2020 and suspended stainless steel production during the period, India still ranked second of the stainless steel producer in the world, only followed after China, which accounted for more than half of the global output.

The Indian government was urged by the ISSDA to take measures to support the local manufacturing and limit unnecessary imports in order to resume the Indian stainless steel industry.

Back to Steel News

Related News

MEPS revises down global stainless steel production forecast for 2022

  • Stainless steel
  • 2 Dec 2022 16:35

China’s stainless steel imports & exports increase in Jan-Oct y-o-y

  • Stainless steel
  • 1 Dec 2022 16:36

Walsin Lihwa tops global leader in stainless steel wire rods and bars after acquiring Italy's CAS

  • Stainless steel
  • 1 Dec 2022 16:25

Walsin Lihwa moderately hikes stainless steel wire rod prices for Dec

  • Stainless steel
  • 30 Nov 2022 16:20

Aperam raises European stainless steel alloy surcharges for Dec

  • Stainless steel
  • 30 Nov 2022 16:14

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 3,056.00
  • 3,050.00
  • Aluminum
  • 2,430.00
  • 2,459.50
  • Copper
  • 8,216.00
  • 8,250.00
  • Nickel
  • 26,900.00
  • 26,900.00

Learn more

Coil Exchange Center

  • 2B Coil-Jan
  • 2,960
  • 2,820
  • NO1 Coil-Jan
  • 2,930
  • 2,790
  • 2B Coil-Jan
  • 2,960
  • 2,820
  • NO1 Coil-Jan
  • 2,930
  • 2,790

Learn more