3 weeks ago
India's Steel Production Grows 4% in April-July as Exports Surge
India makes a lot of the steel used to build things like bridges, roads and trains.
In the first four months of this business year, the country made 54.3 million tonnes of finished steel, which is four per cent more than last year.
People in India also used more steel because the government is building many big projects like highways, railways and ports.
India also sent much more steel to other countries this year, selling 35 per cent more than before.
A big Indian steel company called SAIL made a lot more profit than last year.
SAIL is also learning how to make special steel for naval ships and submarines through a technology agreement with the Defence Research and Development Organisation.
The company opened a new micro pellet plant in Rourkela that turns steelmaking waste into useful pellets instead of throwing it away.
The government says all of this shows India is on track to meet its big steel production target for the year 2030.
India's finished steel production rose 4 per cent to 54.3 million tonnes in April-July of the current financial year, up from 52.2 million tonnes a year earlier.
Finished steel consumption grew 7.8 per cent to 55.9 million tonnes, driven by demand from government highway, railway and port infrastructure projects.
Steel exports surged 35 per cent to 2,292,300 tonnes in April-July, worth Rs 18,105.4 crore, and climbed 38.1 per cent in June alone.
Crude steel output increased 2.6 per cent to 56.3 million tonnes, while India's total steelmaking capacity stands at 222 million tonnes per annum.
SAIL's net profit rose over 138 per cent year-on-year to Rs 1,636 crore in Q1 FY 2026-27, alongside a DRDO technology agreement for naval ship steel.
- Who
- India's Ministry of Steel and public-sector steelmaker SAIL
- What
- India's steel production, consumption and exports grew in April-July, and SAIL posted sharply higher quarterly profits
- Where
- India, including SAIL's Rourkela Steel Plant
- When
- April-July of the current financial year (FY 2026-27), with data released by the Ministry of Steel on a Thursday
- Why
- Demand from big-ticket government infrastructure projects in highways, railways and ports fuelled consumption and exports
Key facts
- Finished steel production (Apr-Jul)
- 54.3 million tonnes (+4% YoY)
- Finished steel consumption (Apr-Jul)
- 55.9 million tonnes (+7.8% YoY)
- Crude steel production (Apr-Jul)
- 56.3 million tonnes (+2.6% YoY)
- Steel exports (Apr-Jul)
- 2,292,300 tonnes (+35% YoY)
- Export value (Apr-Jul)
- Rs 18,105.4 crore (+29.4% YoY)
- Crude steelmaking capacity
- 222 million tonnes per annum
- National Steel Policy 2030 target
- 300 million tonnes per annum
- SAIL Q1 FY 2026-27 net profit
- Rs 1,636 crore (+138% YoY)










