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India steel sector surges in April as production rises and demand strengthens

Economy
Published on 6 May 2026
India steel sector surges in April as production rises and demand strengthens

Crude output jumps while consumption accelerates fast

India’s steel sector posted strong April growth in 2026, with crude output up 5.8% and steel consumption rising 8.1%. The uptick points to firm domestic demand across infrastructure and manufacturing, alongside fresh capacity expansion plans. Green steel efforts are advancing too, with certifications reaching many producers, while domestic prices show signs of recovery.

  • Crude steel output increased 5.8% in April
  • Steel consumption climbed 8.1% on stronger demand
  • Capacity expansion plans are gaining pace across producers
  • Green steel certifications and recovering prices support momentum
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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