India’s crude steel production increased by 5.8% year-on-year in April, rising from 13.31 million tons to 14.09 million tons. The growth was driven by infrastructure investments and strong demand from the manufacturing sector.
During the same period, the domestic steel market also continued its recovery trend. Supported by robust demand, prices across major product groups stabilized and showed a gradual increase. Hot metal production rose by 5.4% year-on-year, while finished steel output increased by 3.4% to reach 13.05 million tons.
A similar trend was observed on the consumption side. In April, finished steel consumption grew by 8.1% year-on-year to 12.99 million tons. This increase was largely attributed to strong performance in infrastructure projects and the manufacturing sector.
According to trade data, India recorded imports of 0.68 million tons and exports of 0.47 million tons in April. As a result, the country became a slight net importer during the period. Import and export volumes increased by 30.8% and 24.9% year-on-year, respectively.
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