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[Ferro-Alloys.com] India’s Steel Output Rises 5.8% In April On Strong Demand

India’s steel sector maintained its growth momentum in April 2026, with crude steel production rising 5.8 per cent year-on-year to 14.09 million tonnes (MT), supported by robust domestic demand from infrastructure, construction and manufacturing sectors.

According to provisional industry data, finished steel production stood at 13.05 MT during the month, marking a 3.4 per cent increase over the same period last year. Finished steel consumption rose at a faster pace of 8.1 per cent year-on-year to 12.99 MT, indicating sustained demand across core industrial segments.

Hot metal output also increased 5.4 per cent year-on-year, although pig iron production declined 6 per cent to 0.69 MT, reflecting some softness in specific downstream segments.

Domestic steel prices recovered across major categories during April after several months of subdued trends. Prices of TMT bars and rebars rose around 2.6 per cent month-on-month, while hot rolled coil prices climbed approximately 6.3 per cent. Galvanised plain sheets also recorded gains of nearly 7.3 per cent during the period.

Trade data showed India remained a marginal net importer of steel in April. Imports increased 30.8 per cent year-on-year to 0.68 MT, while exports rose 24.9 per cent to 0.47 MT. The rise in imports highlighted competitive pricing pressures from overseas markets even as domestic demand remained resilient.

The sector’s continued expansion aligns with India’s broader industrial and infrastructure push. Steelmaking capacity in the country has reached around 220 million tonnes per annum (MTPA), with the industry progressing towards the National Steel Policy target of 300 MTPA by 2030. Major producers including Steel Authority of India Limited, Tata Steel, JSW Steel and Jindal Steel & Power continue to advance capacity expansion plans.

Industry observers noted that improving steel prices and strong domestic consumption trends indicate steady recovery in industrial activity despite global economic uncertainties and rising raw material costs.

• [Editor:tianyawei]