India, July 24 -- The Government of India has issued a release:
Production
Jun 2026
Jun 2025
YoY %
Apr-Jun 2026
Apr-Jun 2025
CPLY %
Crude Steel
14.1
13.5
4.5
42.1
40.8
3.0
Hot Metal
7.9
7.9
-0.1
23.5
23.2
1.4
Finished Steel
13.5
13.0
3.8
40.6
38.7
4.9
Producer
Annual Crude Steel Capacity
Crude Steel Production
Finished Steel Production
Top 7
117.4
23.2
21.7
21.8
Remaining producers
104.6
18.9
18.9
1.7
TOTAL
222.0
42.1
40.6
23.5
Public Sector Share (%)
13.9
15.7
13.2
30.3
Top 7 includes SAIL, RINL, NSL, TSL Group, AM/NS, JSL(JSPL), JSW Group
Product
May-26
Jun-26
Jul-26
MoM %
YoY %
TMT (10 mm)
Rs. 63,053
Rs. 60,068
Rs. 56,698
-5.6%
3.7%
HR Coil (2 mm)
Rs. 70,460
Rs. 70,108
Rs. 69,828
-0.4%
13.3%
CR Coil (0.63 mm)
Rs. 77,915
Rs. 77,053
Rs. 76,583
-0.6%
14.7%
GP Sheet (0.63 mm)
Rs. 89,013
Rs. 86,505
Rs. 86,415
-0.1%
18.9%
Indicator
Jun 2026
Jun 2025
YoY %
Apr-Jun 2026
Apr-Jun 2025
CPLY %
Production
916.0
703.0
30.3
2727.5
2126.9
28.2
Import
111.1
80.9
37.3
339.5
286.2
18.6
Export
36.3
14.3
153.3
78.1
37.9
106.0
Consumption
998.4
792.4
26.0
3003.8
2391.7
25.6
Indicator
Jun 2026
Jun 2025
YoY %
Apr-Jun 2026
Apr-Jun 2025
CPLY %
Production
339.3
333.1
1.9
1027.8
1047.6
-1.9
Import
109.5
65.8
66.4
310.4
166.3
86.7
Export
37.9
89.6
-57.7
121.6
191.8
-36.6
Consumption
481.6
309.2
55.8
1281.6
1004.9
27.5
Jun 2026
Jun 2025
YoY %
Apr-Jun 2026
Apr-Jun 2025
CPLY %
Finished Steel Consumption
14.2
13.2
7.5
41.6
38.4
8.3
Indicator
Unit
Jun-26
Jun-25
YoY %
Apr-Jun 2026
Apr-Jun 2025
CPLY %
Imports
'000 t
695.7
440.5
57.9
2063.9
1383.8
49.2
Rs Crore
6913.3
4517.3
53.0
20214.5
14018.7
44.2
Exports
'000 t
616.2
446.2
38.1
1593.0
1212.5
31.4
Rs Crore
4674.0
3256.9
43.5
12475.2
9776.0
27.6
Net Trade Position
India was net importer of finished steel in terms of quantity for the period of Apr-Jun 2026
Rank
Import Country
Qty ('000t)
Share %
Rank
Export Country
Qty ('000t)
Share %
1
CHINA
660.7
32.0
1
UAE
249.0
15.6
2
KOREA
599.6
29.1
2
VIETNAM
247.1
15.5
3
JAPAN
336.3
16.3
3
BELGIUM
126.5
7.9
4
VIETNAM
107.8
5.2
4
NEPAL
115.6
7.3
5
INDONESIA
84.0
4.1
5
TAIWAN
101.4
6.4
Rank
Import Category
Qty ('000t)
Share %
Rank
Export Category
Qty ('000t)
Share %
1
HR COIL/STRIP
779.8
37.8
1
HR COIL/STRIP
580.9
36.5
2
CR COIL/SHEETS
356.6
17.3
2
PIPES
263.9
16.6
3
GP/GC SHEETS/COIL
309.5
15.0
3
PLATES
191.0
12.0
4
PLATES
207.1
10.0
4
GP/GC SHEETS/COIL
187.2
11.8
5
BARS & RODS
133.9
6.5
5
BARS & RODS
185.5
11.7
Commodity
Jun 2026
Jul 2026
MoM Change
NMDC Iron Ore Baila Lump (65.5%, 10-40 mm)
Rs. 5,700
Rs. 5,450
-4.4%
NMDC Iron Ore Baila Fines (64%, -10 mm)
Rs. 4,850
Rs. 4,700
-3.1%
MOIL Manganese Ore Lump (Mn 37%, Fe 7.5%)
Rs. 19,505
Rs. 18,529
-5.0%
Scrap - HMS II
Rs. 40,665
Rs. 38,580
-5.1%
Index
Apr 2026
May 2026
Jun 2026
MoM Change
YoY Change
Nifty Metal Index (avg.)
12,471.9
13,224.9
12,971.9
-1.9%
39.3%
PMI Manufacturing Index
54.7
55.0
54.2
-1.5%
-7.2%
Baltic Dry Index (avg.)
2,442.8
3,048.9
2,779.9
-8.8%
64.9%
Hot Metal
Indicator
Production
1. Steel Production & Prices
1a. Production Overview (in Mt)
1b. Producer wise Production (Apr-Jun 2026) (in Mt)
1c. Steel Prices (in Rs./tonne)
Note: Prices are inclusive of GST and shown in Rs./tonne, based on average prices from four metro cities-Kolkata, Delhi, Mumbai, and Chennai.
1d. Alloy Steel - Production, Import, Export & Consumption (in '000t)
1e. Stainless Steel - Production, Import, Export & Consumption (in '000t)
2. Demand (in Mt)
3. Trade Dynamics
3a. Finished Steel - Import & Export
3b. Top 5 Countries - Finished Steel Import & Export (Apr-Jun 2026)
3c. Top Categories - Finished Steel Import & Export (Apr-Jun 2026)
4. Raw Materials
4a. Domestic Raw Material Prices (Rs./tonne)
5. Key Indices
Source: NSE, S&P Global, Trading Economics
6. Policy Initiatives/Industry Initiatives
Hon'ble Union Minister of Steel Shri H.D. Kumaraswamy visited SAIL's IISCO Steel Plant to review key expansion projects, production facilities, infrastructure, sustainability initiatives and employee welfare measures. During the visit, he inaugurated an 84,000 m³ RCC water reservoir, describing it as an important step towards building sustainable industrial infrastructure and reaffirming 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. The 258-km Jamda-Bokaro pipeline will ensure uninterrupted raw material supply, reduce dependence on rail transport, and support the plant's expansion programme.
MECON and RITES signed a Memorandum of Understanding (MoU) to jointly pursue consultancy and infrastructure projects in India and overseas. The partnership will leverage their expertise in transport, metals, mining and energy sectors to deliver integrated infrastructure solutions and expand their global footprint.
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. Marking a key step in this direction, Bhilai Steel Plant signed an EPCM consultancy agreement with MECON to support the timely execution of its expansion from 7 MTPA to 10.2 MTPA through advanced engineering and construction management practices.
7. International Co-operation
SAIL signed an MoU with Indonesia's PT Krakatau Steel to explore a joint venture for manufacturing stainless steel slabs in Indonesia. The proposed collaboration will combine Indonesia's nickel resources with SAIL's steelmaking expertise, strengthening the regional stainless steel value chain and enhancing India-Indonesia industrial cooperation.
8. Green Steel Initiatives
SAIL received the Golden Peacock Environment Management Award 2026 from the Institute of Directors (IOD) in recognition of its excellence in environmental sustainability. The award acknowledges the company's initiatives in decarbonisation, pollution control, waste management, and adoption of sustainable steelmaking practices.
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, reflecting the growing adoption of green steel practices across India's secondary and mid-sized steel producers.
Source: Provisional JPC data for June 2026. Mt Million Tonnes; MTPA Million Tonnes Per Annum; MoM Month-on-Month; YoY Year-on-Year; CPLY Corresponding Period Last Year
Disclaimer: Curated by HT Syndication.
