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
The government will sharpen its focus on higher steel production and raw-material security in 2026 as India enters the final five years of its push toward an installed steelmaking capacity of 300 million tonnes (MT) by 2030 under the National Steel Policy. Alongside capacity build-out, the Steel Ministry’s priority areas include low-carbon technologies, green steel capacity, and the scaling of specialty/high-end steel grades for domestic requirements and exports.
Demand remains supported by infrastructure and manufacturing themes (housing, railways, autos, defence and capital goods), but the sector is bracing for headwinds such as rising imports, raw-material volatility and global trade uncertainty. To protect domestic producers and move up the value chain, the government continues to use trade-remedy tools (safeguards/anti-dumping where applicable) and the PLI scheme for specialty steel.
On inputs, the ministry is focusing on coking coal security—including exploring new reserves and diversifying sourcing—while encouraging participation in iron ore auctions and improving resource efficiency through beneficiation and pelletisation. With installed capacity estimated at ~235 MT (Nov 2025), India still needs to add ~65 MT over the next five years to stay on track.
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