India, Oct. 6 -- The Government of India has issued a release:
1a. Production Overview (in Mt)
Production
Sep 2026
Sep 2025
YoY %
Apr-Sep
2026
Apr-Sep
2025
CPLY %
Crude Steel
14.1
13.7
3.4
85.1
82.7
2.9
Hot Metal
7.9
7.9
0.2
48.3
47.2
2.5
Finished Steel
13.5
13.2
1.9
81.8
78.8
3.7
Producer
Annual Crude
Steel
Capacity
Crude Steel
Production
Hot Metal
Production
Finished
Steel
Production
Top 7
117.4
47.7
44.8
44.1
Remaining producers
105.4
37.4
3.5
37.7
TOTAL
222.9
85.1
48.3
81.8
Public Sector Share (%)
13.9
15.5
29.4
13.5
Top 7 includes SAIL, RINL, NSL, TSL Group, AM/NS, JSL(JSPL), JSW Group
Product
Jul-26
Aug-26
Sep-26
MoM %
YoY %
TMT (10 mm)
Rs. 56,698
Rs. 58,002
Rs. 65,298
12.6%
21.0%
HR Coil (2 mm)
Rs. 69,828
Rs. 70,448
Rs. 76,085
8.0%
26.8%
CR Coil (0.63 mm)
Rs. 76,582
Rs. 76,462
Rs. 84,972
11.1%
28.8%
GP Sheet (0.63 mm)
Rs. 86,415
Rs. 86,668
Rs. 94,148
8.6%
27.7%
2. Demand (in Mt)
Indicator
Sep 2026
Sep 2025
YoY %
Apr-Sep
2026
Apr-Sep
2025
CPLY %
Finished Steel
Consumption
14.4
13.3
8.0
84.9
79.0
7.5
3. Trade Dynamics
3a. Finished Steel - Import & Export
Indicator
Unit
Sep-26
Sep-25
YoY %
Apr-Sep
2026
Apr-Sep
2025
CPLY %
Imports
'000 t
654.4
651.9
0.4
4141.8
3344.8
23.8
Rs Crore
7496.2
5032.9
48.9
43690.1
31205.4
40.0
Exports
'000 t
561.8
584.0
-3.8
3547.8
2810.2
26.2
Rs Crore
4617.1
4020.4
14.8
28263.7
21931.5
28.9
Net Trade
Position
India was net importer of finished steel in terms of quantity for the period of Apr-Sep 2026
4. Raw Materials
4a. Domestic Raw Material Prices (Rs./tonne)
Commodity
Jul 2026
Aug 2026
Sep 2026
MoM Change
NMDC Iron Ore Baila Lump
(65.5%, 10-40 mm)
Rs. 5,450
Rs. 5,250
Rs. 5,400
2.9%
NMDC Iron Ore Baila Fines
(64%, 0-10 mm)
Rs. 4,700
Rs. 4,500
Rs. 4,500
-
MOIL Manganese Ore Lump (Mn
37%, Fe 7.5%)
Rs. 18,530
Rs. 17,603
Rs. 17,603
-
Scrap - HMS II
Rs. 38,580
Rs. 39,970
Rs. 43,810
9.6%
5. Key Indices
Index
Jul 2026
Aug 2026
Sep 2026
MoM
Change
YoY
Change
Nifty Metal Index (avg.)
12,556.4
13,181.8
13,053.7
-1.0%
32.7%
PMI Manufacturing Index
53.5
52.8
55.1
4.4%
-4.5%
Baltic Dry Index (avg.)
2,769.9
2,951.1
3,407.7
15.5%
60.4%
6. Policy Initiatives/Industry Initiatives
7. Green Steel Initiatives
Source: Provisional JPC data for Sep 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-Sep 2026) (in Mt)
1c. Steel Prices (in Rs./tonne)
Disclaimer: Curated by HT Syndication.
