India’s steel sector maintains strong growth momentum Mysuru uses mirror steel walls to stop public urination Canada announces $1.5B steel tariff support package Tata Steel hits fresh 52-week high
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.
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