India's steel production, consumption, and prices are detailed, along with the government's focus on green steel initiatives. The article also covers international collaborations and policy measures.
According to data from the Press Information Bureau, India's crude steelmaking capacity reached approximately 222 MTPA as of June 2026, progressing towards the National Steel Policy target of 300 MTPA by 2030.
In the period of April-June 2026, India was a net importer of finished steel in terms of quantity. The top five countries for imported and exported finished steel were [details about the top 5 countries]. The top categories of imported and exported finished steel are [details about the top categories].
The domestic raw material prices, such as NMDC Iron Ore Baila Lump, MOIL Manganese Ore Lump, and others, can be found in the source. Additionally, the Nifty Metal Index, PMI Manufacturing Index, and Baltic Dry Index are provided.
Hon’ble Union Minister of Steel Shri H.D. Kumaraswamy visited SAIL’s IISCO Steel Plant to review expansion projects. During the visit, he inaugurated an 84,000 m³ RCC water reservoir and emphasized the Government's commitment to capacity expansion and modernization of the steel sector.
SAIL announced that Bokaro Steel Plant will receive around 8.3 MT of iron ore annually through India's longest steel-sector slurry pipeline, aiming to ensure uninterrupted raw material supply and reduce dependence on rail transport.
Under the Ministry of Steel’s Green Steel Initiative, 97 producers across 15 states had been issued Green Steel Certificates. The certifications cover products such as TMT Bars, HR/CR Coils, Plates, Wire Rods, and Pipes, with a majority receiving the highest 5-star rating.
Source:
Press Information Bureau
