Answer-<p>Which country is the world's largest producer of Steel?</p>

In March 2022, with a production of 10.9 million tonnes of steel in India, the growth rate is 4.4. In October 2021, India was the worldrsquos second-largest producer of crude steel, with an output of 9.8 MT. India is also the largest producer of Direct Reduced Iron DRI or Sponge Iron in the world in January ndash December, 2019, producing 36.86 million Tonnes Sponge Iron with growth rate 7.7. The Government anticipates bringing in additional investment of about Rs.40,000 crore along with generating an overall employment to about 5.25 lakh. Under Union Budget 2022-23, Rs. 47 crore were allocated by the government to the Ministry of Steel.