India: Merchant pig iron production falls 11% in FY'21

India's merchant production of pig iron stood at 4.8 mn t in FY'21, down 11% from 5.4 mn t in FY'20. As per SteelMint assessment, the largest producer was state-owned Steel Authority of India Ltd (SAIL) with 0.63 mn t of merchant pig iron output followed by metals major Vendanta Resources at 0.6 mn t.

While Kirloskar Ferrous Industries produced 0.35 mn t of pig iron in FY'21, Tata Metaliks churned out 0.3 mn t. Merchant production by integrated steel majors JSW Steel and JSPL stood at 0.24 mn t and 0.29 mn t respectively. Covid-19 impact on production The nationwide lockdown following the coronavirus outbreak