August 25, 2026 4:35 PM

India’s finished steel output rises 4.7% in April-July, consumption grows 7.9%

India’s finished steel production rose 4.7 per cent year-on-year to 54.7 million tonnes (MT) during April-July 2026, while consumption grew at a faster pace of 7.9 per cent to 56 MT, signalling sustained strength in domestic steel demand, according to provisional data released by the Ministry of Steel. Crude steel production increased 2.4 per cent to 56.2 MT during the four-month period, compared with 54.9 MT in the corresponding period last year. Hot metal production also rose 2.7 per cent t...

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...