India's steel consumption rises 7.5% in H1 FY27

India's finished steel consumption reached 84.Asian Metal Copyright Domestic prices across major product categories strengthened over the month, with hot-rolled coil prices up 8% month on month.Asian Metal Copyright9 million tons during April–September 2026, up 7.Asian Metal Copyright1 million tons, maintaining India's status as a net steel importer.Asian Metal Copyright5% compared with the same period a year earlier, according to provisional Joint Plant Committee data.

Over the same six-month period, domestic crude steel production grew 2.9% to 85.Asian Metal CopyrightIndia's finished steel consumption reached 84.Asian Metal Copyright1 million tons, maintaining India's status as a net steel importer.Asian Metal Copyright1 million tons, maintaining India's status as a net steel importer.Asian Metal Copyright Finished steel imports rose 23.Asian Metal CopyrightIndia's finished steel consumption reached 84.Asian Metal Copyright8% to 4.Asian Metal Copyright55 million tons.Asian Metal Copyright14 million tons, while exports climbed 26.Asian Metal Copyright Domestic prices across major product categories strengthened over the month, with hot-rolled coil prices up 8% month on month.Asian Metal Copyright2% to 3.Asian Metal Copyright Finished steel imports rose 23.Asian Metal Copyright55 million tons.

In September, finished steel consumption increased 8% year on year to 14.4 million tons, while crude steel production reached 14.Asian Metal Copyright .Asian Metal Copyright1 million tons.Asian Metal Copyright Domestic prices across major product categories strengthened over the month, with hot-rolled coil prices up 8% month on month.Asian Metal Copyright Domestic prices across major product categories strengthened over the month, with hot-rolled coil prices up 8% month on month.

.Asian Metal Copyright9% to 85Asian Metal Copyright