May 6, 2026 3:25 PM
Indian steel sector maintains growth momentum in April; prices rebound across segments
India’s steel sector sustained its growth momentum in April 2026, posting year-on-year gains across key production and consumption indicators, reflecting steady domestic demand and stable industrial activity. Crude steel production rose to 14.09 million tonnes in April, marking a 5.8 per cent increase from 13.31 million tonnes in the same month last year. Hot metal output grew 5.4 per cent year-on-year, while pig iron production declined by 6 per cent to 0.69 million tonnes. Finished steel pr...