Home >Industry >Manufacturing >Steel sector output shrunk -13.05% in March 2020
The sector's growth rate (-13.05%) was lower than the growth rate of the combined core industries output (-6.47%).
The sector's growth rate (-13.05%) was lower than the growth rate of the combined core industries output (-6.47%).

Steel sector output shrunk -13.05% in March 2020

The sector's growth rate (-13.05%) was lower than the growth rate of the combined core industries output (-6.47%)

Production output of the Steel sector shrunk by -13.05% to 9,363 Thousand Tonnes in March 2020, according to data released by the Office of the Economic Advisor today. This is lower than the growth rate (6.33%) of the sector in the previous month.

The sector's growth rate (-13.05%) was lower than the growth rate of the combined core industries output (-6.47%).

Steel is among 7 of the total 8 sectors that contracted in March 2020.

Data has been sourced from the Office of the Economic Advisor's website.

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