The Ministry of Steel in its data has showed that India’s crude steel production increased by 3.9% to 14.1 million tonnes (MT) in the month of June 2026, as compared to 13.5 MT in June 2025. Similarly, finished steel production rose 6% to 13.8 MT in the reporting month over 13.0 MT in the corresponding month of previous year. However, hot metal production declined marginally by 0.3% to 7.9 MT in June 2026.
During the April-June quarter of 2026, crude steel production, finished steel output and domestic consumption recording healthy year-on-year increases, reflecting sustained demand across key sectors of the economy. As per the data, crude steel production rose to 42.1 MT during April-June quarter of 2026, registering a 3% increase over 40.8 MT produced during the corresponding period last year. Finished steel production also increased by 5.9% to 41 MT, while hot metal production grew 1.4% to 23.5 MT.
Moreover, finished steel consumption rose 7.2% to 14.2 MT in June 2026, over 13.2 MT in June 2026. During the April-June 2026, consumption stood at 41.6 MT, registering a growth of 8.3% over 38.4 MT during the corresponding period last year. Finished steel imports and exports both witnessed significant growth during the quarter, although imports continued to outpace exports, making India a net importer of finished steel. Finished steel imports rose 49.2% to 2063.9 thousand tonnes during the April-June 2026, while export volumes increased 31.4% to 1592.8 thousand tonnes. In value terms, imports stood at Rs 20,214.5 crore, while exports were valued at Rs 12,475.2 crore during the quarter.
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