Steel sector Q1 FY27: crude steel output 42.1 Mt, consumption up 8.3%
India produced 42.1 Mt of crude steel in April–June 2026, up 3.0%, while finished steel consumption rose 8.3% to 41.6 Mt, the Steel Ministry reported on 6 July 2026.
Summary
The Ministry of Steel reported on 6 July 2026 that India produced 42.1 million tonnes (Mt) of crude steel in April–June 2026, up 3.0% from 40.8 Mt a year earlier, and 41.0 Mt of finished steel, up 5.9%. Finished steel consumption grew faster, by 8.3%, to 41.6 Mt. India was a net importer of finished steel in the quarter: imports were about 2,063.9 thousand tonnes against exports of about 1,592.8 thousand tonnes. Total annual crude steel capacity stood at 221.9 Mt.
Key facts
- Crude steel (Apr–Jun 2026)
- 42.1 Mt (+3.0%)
- Finished steel production
- 41.0 Mt (+5.9%)
- Finished steel consumption
- 41.6 Mt (+8.3%)
- Imports / exports
- 2,063.9 / 1,592.8 thousand tonnes
- Trade position
- Net importer of finished steel
- Crude steel capacity
- 221.9 Mt
Practice MCQs 2 questions
How much crude steel did India produce in April–June 2026, according to the Steel Ministry?
Show answer
Correct answer: C — 42.1 Mt
Crude steel output was 42.1 Mt, up from 40.8 Mt in April–June 2025; 41.0 Mt is finished steel and 23.5 Mt hot metal.
In April–June 2026, what was India's trade position in finished steel?
Show answer
Correct answer: A — Net importer
Imports (about 2,063.9 thousand tonnes) exceeded exports (about 1,592.8 thousand tonnes), making India a net importer.