India's crude steel output reaches 70.3 Mt in April–August 2026
On 3 September 2026, the Steel Ministry reported crude steel production of 70.3 million tonnes in April–August 2026, up 1.8%, with finished steel consumption up 7.0%.
Summary
India produced 70.3 million tonnes (Mt) of crude steel in April–August 2026, 1.8% more than the 69.0 Mt a year earlier, the Ministry of Steel reported on 3 September 2026. Finished steel production rose 3.8% to 68.1 Mt and finished steel consumption rose 7.0% to 70.3 Mt. Finished steel exports rose 34.1% to about 2.99 million tonnes, but imports rose 29.5% to about 3.49 million tonnes, so India remained a net importer of finished steel by quantity. India's annual crude steel capacity stands at 222.8 Mt.
Key facts
- Crude steel (Apr–Aug)
- 70.3 Mt (+1.8%)
- Finished steel consumption
- 70.3 Mt (+7.0%)
- Exports
- ≈2.99 Mt (+34.1%)
- Imports
- ≈3.49 Mt (+29.5%) – net importer
- Capacity
- 222.8 Mt crude steel a year
Practice MCQs 2 questions
What was India's crude steel production in April–August 2026, as reported by the Steel Ministry?
Show answer
Correct answer: B — 70.3 Mt
Crude steel production was 70.3 Mt, up 1.8% from 69.0 Mt; 68.1 Mt is finished steel production.
Consider the following statements about India's finished steel trade in April–August 2026: 1. Finished steel exports grew faster than imports in percentage terms. 2. India was a net exporter of finished steel by quantity during the period. Which of the above is/are correct?
Show answer
Correct answer: A — 1 only
Statement 1 is correct: exports rose 34.1% against imports' 29.5%. Statement 2 is wrong: India remained a net importer by quantity (≈3.49 Mt imports vs ≈2.99 Mt exports).