According to data released by the International Stainless Steel Forum (ISSF) in the first half of year, India surpassed Japan to become Japan's second largest producer of stainless steel in 2016, only second to China. India produced 3.32 million tonnes of stainless steel in 2016, increase from 3 million tonnes in 2015.
"This is a great time for the Indian stainless steel industry. ISSDA urges the government to continue to provide policy support to take India's stainless steel industry to a new level and ISSDA will continue to work with all stakeholders to jointly promote the stainless steel solutions Sustainable development. "KK Pahuja, president of ISSDA, India's Stainless Steel Development Association, also said:" In recent years, the Indian government has focused on improving sanitation and waste management facilities and building new infrastructures, which may have a tremendous impetus to the future stainless steel industry effect".