By Sohrab Darabshaw
It was an expected development - so when it was announced, it did not come as much of a surprise to many in the steel sector in India (or even globally).
An updated World Steel Association analysis of crude steel outputs by the steel-producing nations has shown that India bypassed Japan as the world's second-largest steel producing country. India's neighbor China continues to be the largest producer of crude steel, accounting for more than 51% of global production.
While world crude steel production went up 4.6% in 2018, touching 1,808.6