In April 2026, India’s steel industry continued to grow steadily due to increased demand from the manufacturing, building, and infrastructure sectors. The Ministry of Steel reports that while finished steel output increased 3.4% to 13.05 million tonnes, crude steel production increased 5.8% year over year to 14.09 million tonnes.
Consumption of finished steel increased by 8.1% to 12.99 million tonnes, indicating both improved market mood and ongoing industrial growth. India was a marginal net importer of steel during the month, with imports of 0.68 million tonnes and exports of 0.47 million tonnes. In comparison to April 2025, imports and exports increased by 30.8% and 24.9%, respectively.
India’s ability to produce steel has grown to around 220 million tonnes annually, and it is still on track to attain the 300 MTPA objective set by the National Steel Policy by 2030. Leading steel producers including Tata Steel, SAIL, JSW Steel, JSPL, and AMNS are still investing in cutting-edge technologies and increasing their capacity.
The Green Steel Initiative has accredited 90 companies in 15 states, and Tata Steel has put into service a Rs 3,200 crore scrap-based green steel factory in Ludhiana. Amidst stable raw material costs, domestic steel prices also recovered in April.
Source – Press Release Page | Press Information Bureau
