Gadchiroli pitched as Maharashtra’s future green steel hub India set to drive next global steel demand wave Italy crude steel output rises 3.1% in May Green steel progress remains slow worldwide
India’s steel industry continued its strong growth trend in April 2026, supported by rising domestic demand, steady infrastructure activity, and healthy momentum in manufacturing. Crude steel production reached 14.09 million tonnes, marking a 5.8% year-on-year increase, while finished steel output rose to 13.05 million tonnes. Finished steel consumption also climbed sharply to 12.99 million tonnes, showing an 8.1% growth compared to April 2025.
The sector’s positive performance reflects India’s expanding construction, infrastructure, and industrial base. Steel imports stood at 0.68 million tonnes, while exports reached 0.47 million tonnes, making India a marginal net importer during the month. Capacity expansion remained a key focus, with India’s steel manufacturing capacity reaching around 220 MTPA, moving closer to the National Steel Policy target of 300 MTPA by 2030.
Green steel initiatives are also gaining pace, with certification efforts encouraging more sustainable production. Despite raw material cost pressures, the outlook for India’s steel sector remains optimistic, backed by strong demand and continued investment.
Also Read : DGTR for continuation of anti-subsidy duty on certain type of steel pipes, tubes from China, Vietnam JSW Steel to Invest Major Share of ₹20,000 Cr Capex in Dolvi Plant Expansion
Former NITI Aayog vice chairman Rajiv Kumar on Wednesday said the government needs to continue its f...
Business 31-Jan-2024
The renewable energy sector in India is facing issues with budgeting and rising expenses due to the...
Renewables 10-Jun-2024
EUROMETAL has called on the European Union to widen its steel safeguard framework to cover dow...
Europe 15-Apr-2026
Zamil Structural Steel Co. Egypt, a subsidiary of Advanced Building Industries Company “...
Asia 05-May-2026
Greenhouse gas emissions from the aluminium sector have been slipping in recent years even as output...
Non-Ferrous 29-Feb-2024
Rio Tinto Ltd (RIO.AX) has recently made an important move towards renewable energy. The company has...
Australia 21-Feb-2024