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India's steel production grew by 11% in FY 2025-26, exports by 36%, imports by 32%

India's steel production grew by 11% in FY 2025-26, exports by 36%, imports by 32%

India's steel production in fiscal year 2025-26 is estimated at 168.4 million tonnes, up 10.7% year-on-year, the steel ministry said on Thursday, April 9.

The ministry said India's finished steel exports during the fiscal year stood at 6.6 million tonnes, up 35.9%, while imports fell by 31.7% year on year, while the actual tonnage imported during the year was not disclosed.

Domestic steel consumption in FY 2025-26 reached 164 million tonnes, up eight percent year-on-year, supported by demand from the infrastructure sector.

Total domestic steel production capacity in 2025-26 amounted to about 220 million tons.

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