Branded Products & Retail segment deliveries increased by around 14% yoy in 9MFY22 with 3QFY22 deliveries were higher by 2% qoq.

U.S. steel mills shipped 7,893,990 net tons, a 16.9 percent increase from the 6,753,447 net tons shipped in November 2020.

American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 3,120,000 net tons (NT) of steel in November 2021.

(April to November), India's steel production reached 76.44 million tons, a year-on-year increase of 20%.

China's steel output declined in 2021 amid the country's endeavor to achieve carbon peaking and carbon neutrality goals.

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 143.3 million tonnes (Mt) in November 2021, a 9.9% decrease compared to November 2020.

Steel exports jumped 31.3 percent from a year earlier to 53.02 million tonnes during the period.

In 2020, crude steel output rose by 5.2 percent year on year to exceed 1.05 billion tonnes, according to the association.