By Enersider Desk | New Delhi
India’s steel sector sustained its growth trajectory in April 2026, recording year-on-year gains across key production and consumption parameters, according to a PIB release dated May 6, 2026.
Image Credit: ManufacturingToday
Crude steel production in April 2026 stood at 14.09 million tonnes, up 5.8% year-on-year over April 2025 (13.31 million tonnes). Finished steel production reached 13.05 million tonnes, up 3.4% YoY. Finished steel consumption in April 2026 was 12.99 million tonnes, registering growth of 8.1% YoY.
On the trade front, imports stood at 0.68 million tonnes and exports at 0.47 million tonnes, making India a marginal net importer during the month. Compared to April 2025 imports of 0.52 million tonnes and exports of 0.38 million tonnes, a growth of 30.8% and 24.9% was registered in imports and exports respectively in April 2026.
India’s total steel capacity stood at approximately 220 MTPA in FY 2025–26, on track toward the National Steel Policy target of 300 MTPA by 2030. Tata Steel recently commissioned a scrap-based EAF green steel plant (0.75 MTPA) at Ludhiana.
Under the Ministry of Steel’s Green Steel Initiative, NISST had issued green steel certificates to 90 producers across 15 states as on March 31, 2026.
Domestic steel prices extended their recovery in April 2026 across major product categories. TMT/Rebar prices rose approximately 2.6% month-on-month. HR Coil rose approximately 6.3% and GP Sheet rose approximately 7.3% month-on-month.
Domestic iron ore prices strengthened, with NMDC lump and fines prices rising approximately 10–11% month-on-month. International coking coal costs edged up further month-on-month. International scrap prices were broadly flat.
