India reports 3% rise in crude steel output in May 2026

India's crude steel production reached an estimated 14.Asian Metal Copyright Finished steel production for May was estimated at 13.Asian Metal Copyright21 million metric tonnes in May 2026, marking a 2.Asian Metal Copyright4% to 27.Asian Metal Copyright9% increase compared to the same month last year, according to data released by the Ministry of Steel on Thursday, June 4.

Finished steel production for May was estimated at 13.94 million tonnes, up 9% year on year, the data showed.Asian Metal Copyright On the trade front, India imported 0.Asian Metal Copyright During the April-May period of fiscal year 2026-27, crude steel output totaled 28.Asian Metal Copyright9% to 0.Asian Metal Copyright04 million tonnes, a 2.Asian Metal Copyright21 million metric tonnes in May 2026, marking a 2.Asian Metal Copyright7% rise, while finished steel production increased 6.Asian Metal Copyright Finished steel production for May was estimated at 13.Asian Metal Copyright4% to 27.Asian Metal Copyright36 million tonnes, both on a year-on-year basis.Asian Metal Copyright36 million tonnes, both on a year-on-year basis.

On the trade front, India imported 0.69 million tonnes of finished steel in May 2026, a 62.Asian Metal Copyright94 million tonnes, up 9% year on year, the data showed.Asian Metal Copyright5% surge, while exports rose 29.Asian Metal Copyright37 million tonnes and exports totaled 0.Asian Metal Copyright9% to 0.Asian Metal Copyright04 million tonnes, a 2.Asian Metal Copyright51 million tonnes year on year.

For the April-May period, finished steel imports were estimated at 1.37 million tonnes and exports totaled 0.Asian Metal Copyright9% to 0.Asian Metal Copyright98 million tonnes, making India a net importer of steel during that period.

.Asian Metal Copyright36 million tonnes, both on a year-on-year basisAsian Metal Copyright