'India's steel production to touch 200 mt by 2020

New Delhi : India, the world’s fourth largest steel producing country, will witness its steel production capacity rise to almost 200 million tonnes by 2020. At present, China is the global leader in steel production, followed by USA, Russia and India.

“By 2020, India would overtake USA and Russia in steel production. However, China would still remain the largest steel producer," union steel minister Beni Prasad Verma said at a conference call here.

By 2012-13, the country’s installed capacity of steel is likely to be 110-120 million tonnes.