Domestic steel producers have ended the September quarter on a strong note. Domestic steel demand continues to grow at a good pace. A moderate growth in output and a decline in imports also meant the market was not oversupplied. Finished steel demand rose by 6.8% in the September quarter over a year ago, according to data from the Joint Plant Committee. This is lower than the June quarter's 8.9% growth but was mainly due to slower growth in July. Both August and September have seen demand at higher levels. April-September demand grew by 7.8% compared to 4.3% a year ago.
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