June 7, 2017 Indian Steel Industry Admin_Consultmcg Blog India is the 3rd largest global producer of crude steel; steel industry contributes to over 2% to the GDP of the nation. Production of finished steel crossed 100 million tonnes in FY 16 , growing at a CAGR of 5.5% since FY12. Write a Reply or CommentYour email address will not be published. Required fields are marked *