India, Sept. 3 -- The Government of India has issued a release:
1. Steel Production & Prices
1a. Production Overview (in Mt)
Production
Aug 2026
Aug 2025
YoY %
Apr-Aug
2026
Apr-Aug
2025
CPLY %
Crude Steel
14.1
14.1
-0.1
70.3
69.0
1.8
Hot Metal
8.0
8.1
-1.1
40.0
39.2
1.9
Finished Steel
13.5
13.4
0.3
68.1
65.6
3.8
Producer
Annual Crude
Steel
Capacity
Crude Steel
Production
Hot Metal
Production
Finished
Steel
Production
Top 7
117.4
39.2
37.2
36.5
Remaining producers
105.4
31.1
2.8
31.7
TOTAL
222.8
70.3
40.0
68.1
Public Sector Share (%)
13.9
15.8
30.0
13.5
Top 7 includes SAIL, RINL, NSL, TSL Group, AM/NS, JSL(JSPL), JSW Group
Product
Jun-26
Jul-26
Aug-26
MoM %
YoY %
TMT (10 mm)
Rs. 60,068
Rs. 56,698
Rs. 58,002
2.3%
5.8%
HR Coil (2 mm)
Rs. 70,108
Rs. 69,828
Rs. 70,448
0.9%
15.5%
CR Coil (0.63 mm)
Rs. 77,052
Rs. 76,582
Rs. 76,462
-0.2%
13.3%
GP Sheet (0.63 mm)
Rs. 86,505
Rs. 86,415
Rs. 86,668
0.3%
17.7%
2. Demand (in Mt)
Indicator
Aug 2026
Aug 2025
YoY %
Apr-Aug
2026
Apr-Aug
2025
CPLY %
Finished Steel
Consumption
14.3
13.8
3.9
70.3
65.7
7.0
3. Trade Dynamics
3a. Finished Steel - Import & Export
Indicator
Unit
Aug-26
Aug-25
YoY %
Apr-Aug
2026
Apr-Aug
2025
CPLY %
Imports
'000 t
721.1
667.9
8.0
3487.3
2692.8
29.5
Rs Crore
7863.1
6377.6
23.3
36193.9
26172.6
38.3
Exports
'000 t
693.7
528.2
31.3
2986.0
2226.2
34.1
Rs Crore
5541.2
3914.9
41.5
23646.6
17911.1
32.0
Net Trade
Position
India was net importer of finished steel in terms of quantity for the period of Apr-Aug 2026
4. Raw Materials
4a. Domestic Raw Material Prices (Rs./tonne)
Commodity
Jun 2026
Jul 2026
Aug 2026
MoM Change
NMDC Iron Ore Baila Lump
(65.5%, 10-40 mm)
Rs. 5,700
Rs. 5,450
Rs. 5,250
-3.7%
NMDC Iron Ore Baila Fines
(64%, 0-10 mm)
Rs. 4,850
Rs. 4,700
Rs. 4,500
-4.3%
MOIL Manganese Ore Lump (Mn
37%, Fe 7.5%)
Rs. 19,505
Rs. 18,530
Rs. 17,603
-5.0%
Scrap - HMS II
Rs. 40,665
Rs. 38,580
Rs. 39,970
3.6%
Index
Jun 2026
Jul 2026
Aug 2026
MoM
Change
YoY
Change
Nifty Metal Index (avg.)
12,971.9
12,556.4
13,181.8
5.0%
41.7%
PMI Manufacturing Index
54.2
53.5
52.8
-1.3%
-11.0%
Baltic Dry Index (avg.)
2,779.9
2,769.9
2,951.1
6.5%
47.5%
6. Policy Initiatives/Industry Initiatives
7. International Co-operation
8. Green Steel Initiatives
Source: Provisional JPC data for Aug 2026. Mt Million Tonnes; Mtpa Million Tonnes Per Annum; MoM Month-on-Month; YoY Year-on-Year; CPLY Corresponding Period Last Year.
1b. Producer wise Production (Apr-Aug 2026) (in Mt)
1c. Steel Prices (in Rs./tonne)
5. Key Indices
Disclaimer: Curated by HT Syndication.
