Steel ministry | DD News

October 6, 2026 3:39 PM

India’s steel consumption rises 7.5% in H1 FY27; crude steel output grows 2.9%

India’s finished steel consumption rose 7.5% to 84.9 million tonnes during April–September 2026, while crude steel production increased 2.9% to 85.1 million tonnes, according to provisional Joint Plant Committee data released by the Ministry of Steel on Tuesday. The country remained a net importer of finished steel by volume during the first half of FY 2026–27, with imports increasing 23.8% and exports rising 26.2% over the corresponding period last year. Finished steel production reache...

September 9, 2026 11:04 PM

India showcases steel sector strength and Russia partnership at INNOPROM India 2026

The Ministry of Steel has showcased India's growing steel capabilities and opportunities for international cooperation through the India Steel Pavilion at INNOPROM India 2026, the flagship Russian industrial exhibition being held at Bharat Mandapam in New Delhi from September 9 to 11. The pavilion, themed “Forging Together – For Infinite Progress,” highlights the growth and achievements of India's steel industry and its ambitions to emerge as a global steel powerhouse. It also focuses on ...

July 6, 2026 6:17 PM

India’s steel production, consumption grow strongly in Q1 FY2026; output rises 3%, demand up over 8%

India's steel sector registered steady growth during the first quarter of FY2026, with crude steel production, finished steel output and domestic consumption recording healthy year-on-year increases, reflecting sustained demand across key sectors of the economy. According to the Ministry of Steel, crude steel production rose to 42.1 million tonnes (MT) during April-June 2026, registering a 3 per cent increase over 40.8 MT produced during the corresponding period last year. Finished steel produc...

April 8, 2026 4:47 PM

Indian steel industry records strong growth in FY 2025-26, faces emerging challenges

India’s steel sector delivered a strong performance in the financial year 2025-26, reinforcing its position as the world’s second-largest steel producer while navigating global uncertainties and cost pressures. Driven by robust domestic demand and sustained infrastructure activity, the industry registered significant growth in production, consumption, and exports, according to provisional data. Production and Demand on the Rise The Ministry of Steel said India’s crude steel output grew ...

March 11, 2026 3:43 PM

SAIL records highest-ever sales in April-February period of FY26

Steel Authority of India Limited (SAIL), the country’s largest public sector steel producer, has reported its highest-ever sales for the April-February period of FY 2025-26, reflecting strong demand and improved operational performance. The Ministry of Steel said SAIL's total steel sales during the first 11 months of the financial year reached 18.24 million tonnes (MT), registering a 14 per cent year-on-year growth. During the same period, SAIL also achieved its highest-ever cash collection o...

November 4, 2025 3:17 PM

Union Minister H.D. Kumaraswamy launches third round of PLI scheme for specialty steel

Union Minister for Steel and Heavy Industries H.D. Kumaraswamy on Tuesday launched the third round of the Production-Linked Incentive (PLI) Scheme for Specialty Steel, marking a milestone in India’s efforts to strengthen domestic manufacturing and boost value-added steel production. The PLI Scheme for Specialty Steel, approved by the Cabinet in July 2021, is a flagship initiative under the Atmanirbhar Bharat vision to make India a global hub for high-end steel manufacturing. So far, the schem...