India, Aug. 6 -- The Government of India has issued a release:
1. Steel Production & Prices
1a. Production Overview (in Mt)
Production
Jul 2026
Jul 2025
YoY %
Apr-Jul 2026
Apr-Jul 2025
CPLY %
Crude Steel
14.3
14.1
1.2
56.3
54.9
2.6
Hot Metal
8.1
7.9
1.6
31.6
31.1
1.5
Finished Steel
13.7
13.5
1.4
54.3
52.2
4.0
1b. Producer wise Production (Apr-Jul 2026) (in Mt)
Producer
Annual Crude Steel Capacity
Crude Steel Production
Finished Steel Production
Hot Metal
Top 7
117.4
31.2
29.1
29.3
Remaining producers
104.6
25.1
25.2
2.2
TOTAL
222.0
56.3
54.3
31.6
Public Sector Share (%)
13.9
15.9
13.5
30.5
Top 7 includes SAIL, RINL, NSL, TSL Group, AM/NS, JSL(JSPL), JSW Group
1c. Steel Prices (in Rs./tonne)
Product
May-26
Jun-26
Jul-26
MoM %
YoY %
TMT (10 mm)
Rs. 63,053
Rs. 60,068
Rs. 56,698
-5.6%
3.7%
HR Coil (2 mm)
Rs. 70,460
Rs. 70,108
Rs. 69,828
-0.4%
13.3%
CR Coil (0.63 mm)
Rs. 77,915
Rs. 77,053
Rs. 76,583
-0.6%
14.7%
GP Sheet (0.63 mm)
Rs. 89,013
Rs. 86,505
Rs. 86,415
-0.1%
18.9%
2. Demand (in Mt)
Jul 2026
Jul 2025
YoY %
Apr-Jul 2026
Apr-Jul 2025
CPLY %
Finished Steel Consumption
14.4
13.5
6.5
55.9
51.9
7.8
3a. Finished Steel - Import & Export
Indicator
Unit
Jul-26
Jul-25
YoY %
Apr-Jul 2026
Apr-Jul 2025
CPLY %
Imports
'000 t
702.3
641.2
9.5
2766.2
2024.9
36.6
Rs Crore
8116.3
5776.2
40.5
28330.8
19795.0
43.1
Exports
'000 t
699.3
485.4
44.1
2292.3
1698.0
35.0
Rs Crore
5630.2
4220.2
33.4
18105.4
13996.2
29.4
Net Trade Position
India was net importer of finished steel in terms of quantity for the period of Apr-Jul 2026
4. Raw Materials
4a. Domestic Raw Material Prices (in Rs./tonne)
Commodity
Jun 2026
Jul 2026
MoM Change
NMDC Iron Ore Baila Lump (65.5%, 10-40 mm)
Rs. 5,700
Rs. 5,450
-4.4%
NMDC Iron Ore Baila Fines (64%, -10 mm)
Rs. 4,850
Rs. 4,700
-3.1%
MOIL Manganese Ore Lump (Mn 37%, Fe 7.5%)
Rs. 19,505
Rs. 18,529
-5.0%
Scrap - HMS II
Rs. 40,665
Rs. 38,580
-5.1%
5. Key Indices
Index
May 2026
Jun 2026
Jul 2026
MoM Change
YoY Change
Nifty Metal Index (avg.)
13,224.9
12,971.9
12556.4
-3.2%
32.6%
PMI Manufacturing Index
55.0
54.2
53.5
-1.3%
-9.5%
Baltic Dry Index (avg.)
3,048.9
2779.9
2769.9
-0.4%
52.2%
6. Policy Initiatives/Industry Initiatives
7. International Co-operation
8. Green Steel Initiatives
Source: Provisional JPC data for Jul 2026. Mt Million Tonnes; MTPA Million Tonnes Per Annum; MoM Month-on-Month; YoY Year-on-Year; CPLY Corresponding Period Last Year.
Production
Indicator
3. Trade Dynamics
Disclaimer: Curated by HT Syndication.
