India's Steel Industry
Global Standing and Production
India has emerged as the world's second-largest producer of crude steel, a position it has held and strengthened through the mid-2020s. This rise reflects both domestic demand from infrastructure and construction sectors and growing export competitiveness.
- India's crude steel production in 2025: approximately 164.9 million tonnes (MT), up 10.4% year-on-year.
- FY 2025-26 output: 168.4 MT (up 10.7% YoY), according to the Ministry of Steel.
- Global ranking: China (1st, ~960.8 MT), India (2nd, ~164.9 MT), Japan (3rd, ~80.7 MT).
- India's installed steel production capacity: 200.33 MT in FY25; target of 300 MT by FY30.
- Per capita steel consumption: ~100 kg in FY26 (April–August 2025); National Steel Policy target is 160 kg by FY31.
- India regained net exporter status in FY26: finished steel exports surged 35.9% to over 6 MT; imports declined 31.7%.
● Tracked since February 17, 2026 · last seen April 08, 2026 · updates as the daily brief publishes
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