India's Crude Steel Output Rises 2.9% to 85.1 Million Tonnes in April–September
India's crude steel production grew 2.9% year-on-year to 85.1 million tonnes in the first half of the 2026-27 fiscal year, the Ministry of Steel said in data released on October 6, extending a steady expansion in the country's steel sector.
Finished steel production rose 3.7% to 81.8 million tonnes, up from 78.8 million tonnes in the same period last year, while finished steel consumption stood at 84.9 million tonnes.
Hot metal production, an early indicator of steelmaking activity, grew 2.5% to 48.3 million tonnes from 47.2 million tonnes a year earlier.
Exports were a bright spot for the sector. Steel exports climbed 26.2% to 3.55 million tonnes from 2.81 million tonnes, and the value of those exports rose 28.9% to Rs 28,263.7 crore from Rs 21,931.5 crore, according to the ministry's data.
For September alone, crude steel output reached 14.1 million tonnes, up 3.4% year-on-year, and the average price of a 10mm TMT bar stood at Rs 65,298 per tonne — up 12.6% month-on-month and 21% year-on-year.
The ministry noted total crude steelmaking capacity of 222.9 million tonnes per annum, against the National Steel Policy target of 300 million tonnes per annum by 2030.
Sources: Lokmat Times — India's Steel Production Clocks 3.7% Growth at 81.8 Million Tonnes in H1 2026-27 | Ommcom News — India's Steel Production Clocks 3.7% Growth at 81.8 Million Tonnes in H1 2026-27 | Lokmat Times — India's Raw Steel Output Rises 3.4% YoY to 14.1 Mt in September: Steel Ministry
India's crude steel production grew 2.9% year-on-year to 85.1 million tonnes in the first half of the 2026-27 fiscal year, the Ministry of Steel said in data released on October 6, extending a steady expansion in the country's steel sector.
Finished steel production rose 3.7% to 81.8 million tonnes, up from 78.8 million tonnes in the same period last year, while finished steel consumption stood at 84.9 million tonnes.
Hot metal production, an early indicator of steelmaking activity, grew 2.5% to 48.3 million tonnes from 47.2 million tonnes a year earlier.
Exports were a bright spot for the sector. Steel exports climbed 26.2% to 3.55 million tonnes from 2.81 million tonnes, and the value of those exports rose 28.9% to Rs 28,263.7 crore from Rs 21,931.5 crore, according to the ministry's data.
For September alone, crude steel output reached 14.1 million tonnes, up 3.4% year-on-year, and the average price of a 10mm TMT bar stood at Rs 65,298 per tonne — up 12.6% month-on-month and 21% year-on-year.
The ministry noted total crude steelmaking capacity of 222.9 million tonnes per annum, against the National Steel Policy target of 300 million tonnes per annum by 2030.
Sources: Lokmat Times — India's Steel Production Clocks 3.7% Growth at 81.8 Million Tonnes in H1 2026-27 | Ommcom News — India's Steel Production Clocks 3.7% Growth at 81.8 Million Tonnes in H1 2026-27 | Lokmat Times — India's Raw Steel Output Rises 3.4% YoY to 14.1 Mt in September: Steel Ministry
