India, Sept. 24 -- The Government of India has issued a release:
Production
Aug 2026
Aug 2025
YoY %
Apr-Aug
2026
Apr-Aug
2025
CPLY %
Crude Steel
14.8
14.1
4.6
71.0
69.0
2.8
Hot Metal
8.4
8.1
3.5
40.4
39.2
2.9
Sponge Iron
5.1
5.0
3.0
25.4
24.9
1.9
Finished Steel
13.9
13.4
3.2
68.3
65.6
4.1
1b. Producer wise Production (Apr-Aug 2026) (in Mt)
Producer
Annual Crude
Steel
Capacity
Crude Steel
Production
Hot Metal
Production
Sponge Iron
Production
Finished
Steel
Production
Top 7
117.4
39.8
37.5
6.3
36.9
Remaining producers
105.4
31.2
2.9
19.1
31.4
TOTAL
222.9
71.0
40.4
25.4
68.3
Public Sector Share (%)
13.9
15.7
29.7
0.0
13.5
Top 7 includes SAIL, RINL, NSL, TSL Group, AM/NS, JSL(JSPL), JSW Group
1c. Steel Prices (in Rs./tonne)
Product
Jul-26
Aug-26
Sep-26
MoM %
YoY %
TMT (10 mm)
Rs. 56,698
Rs. 58,002
Rs. 65,298
12.6%
21.0%
HR Coil (2 mm)
Rs. 69,828
Rs. 70,448
Rs. 76,085
8.0%
26.8%
CR Coil (0.63 mm)
Rs. 76,582
Rs. 76,462
Rs. 84,972
11.1%
28.8%
GP Sheet (0.63 mm)
Rs. 86,415
Rs. 86,668
Rs. 94,148
8.6%
27.7%
1d. Alloy Steel - Production, Import, Export & Consumption (in '000t)
Indicator
Aug 2026
Aug 2025
YoY %
Apr-Aug
2026
Apr-Aug
2025
CPLY %
Production
1092.2
742.6
47.1
4803.5
3670.5
30.9
Import
94.6
103.9
-9.0
513.8
487.1
5.5
Export
56.5
14.6
287.0
178.7
63.3
182.1
Consumption
1081.1
822.0
31.5
5123.7
4116.0
24.5
Indicator
Aug 2026
Aug 2025
YoY %
Apr-Aug
2026
Apr-Aug
2025
CPLY %
Production
230.3
393.5
-41.5
1616.5
1830.1
-11.7
Import
145.9
85.2
71.3
642.9
320.3
100.7
Export
47.0
42.0
11.9
213.7
282.5
-24.4
Consumption
388.6
431.7
-10.0
2076.1
1848.1
12.3
2. Demand (in Mt)
Indicator
Aug 2026
Aug 2025
YoY %
Apr-Aug
2026
Apr-Aug
2025
CPLY %
Finished Steel
Consumption
14.6
13.8
5.8
70.5
65.7
7.4
3. Trade Dynamics
3a. Finished Steel - Import & Export
Indicator
Unit
Aug-26
Aug-25
YoY %
Apr-Aug
2026
Apr-Aug
2025
CPLY %
Imports
'000 t
721.1
667.9
8.0
3487.3
2692.8
29.5
Rs Crore
7863.1
6377.6
23.3
36193.9
26172.6
38.3
Exports
'000 t
693.7
528.2
31.3
2986.0
2226.2
34.1
Rs Crore
5541.2
3914.9
41.5
23646.6
17911.1
32.0
Net Trade
Position
India was net importer of finished steel in terms of quantity for the period of Apr-Aug 2026
3b. Top 5 Countries - Finished Steel Import & Export (Apr-Aug 2026)
Rank
Import
Country
Vol.
('000t)
Share
%
Rank
Export
Country
Vol.
('000t)
Share
%
1
China
1110.4
31.8
1
Vietnam
416.0
13.9
2
Korea
1039.3
29.8
2
UAE
389.2
13.0
3
Japan
496.6
14.2
3
Italy
289.0
9.7
4
Indonesia
226.1
6.5
4
Belgium
248.7
8.3
5
Vietnam
157.5
4.5
5
Nepal
194.7
6.5
3c. Top Categories - Finished Steel Import & Export (Apr-Aug 2026)
Rank
Import
Category
Vol.
('000t)
Share
%
Rank
Export
Category
Vol.
('000t)
Share
%
1
HR Coil/Strip
1275.6
36.6
1
HR Coil/Strip
1169.9
39.2
2
CR Coil/Sheets
624.1
17.9
2
Pipes
431.5
14.4
3
GP/GC Sheets/Coil
555.5
15.9
3
Bars & Rods
384.4
12.9
4
Plates
290.1
8.3
4
GP/GC Sheets/Coil
381.5
12.8
5
Bars & Rods
253.5
7.3
5
Plates
269.8
9.0
4a. Domestic Raw Material Prices (Rs./tonne)
Commodity
Aug 2026
Sep 2026
MoM Change
NMDC Iron Ore Baila Lump
(65.5%, 10-40 mm)
Rs. 5,250
Rs. 5,400
2.9%
NMDC Iron Ore Baila Fines Baila
Fines (64%, 0-10 mm)
Rs. 4,500
Rs. 4,500
-
MOIL Manganese Ore Lump (Mn
37%, Fe 7.5%)
Rs. 17,603
Rs. 17,603
-
Scrap - HMS II
Rs. 39,970
Rs. 43,810
9.6%
5. Key Indices
Index
Jun 2026
Jul 2026
Aug 2026
MoM
Change
YoY
Change
Nifty Metal Index (avg.)
12,971.9
12,556.4
13,181.8
5.0%
41.7%
PMI Manufacturing Index
54.2
53.5
52.8
-1.3%
-11.0%
Baltic Dry Index (avg.)
2,779.9
2,769.9
2,951.1
6.5%
47.5%
6. Policy Initiatives/Industry Initiatives
7. International Co-operation
8. Green Steel Initiatives
Source: Provisional JPC data for Aug 2026. Mt Million Tonnes; Mtpa Million Tonnes Per Annum; MoM Month-on-Month; YoY Year-on-Year; CPLY Corresponding Period Last Year
4. Raw Materials
Disclaimer: Curated by HT Syndication.
