India becomes net exporter of finished steel in 2025 26 as imports plunge sharply

Shipments surged while imports fell nearly a third

India has turned into a net exporter of finished steel for the first time in the fiscal year ending March 31. The country shipped 6.6 million metric tons, up 35.9% year on year, while imports dropped 31.7%. Crude steel production also rose strongly, signaling momentum in domestic output and supply.