India's crude steel production is tentatively estimated at 14.21 million tons in May 2026, up 2.9 percent from last year, according to data released by the Ministry of Steel on Thursday, June 4.
The production of finished steel in May is estimated at 13.94 million tons, which is nine percent more than last year, according to the data.In the period from April to May of the 2026-27 fiscal year, crude steel production totaled 28.04 million tons, up 2.7 percent, while finished steel production increased 6.4 percent to 27.36 million tons in both cases year-on-year.
On the trade front, India imported 0.69 million tons of finished steel in May 2026, which for the period from April to May, imports of finished steel amounted to approximately 1.37 million tons, and exports totaled 0.98 million tons, making the country a net importer of the metal during this period.
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