Indian Steel Industry Performance

🔶 Indian Steel Industry – FY 2024-25 Performance Snapshot 🔶

India's steel sector continues its resilient growth journey, with impressive numbers across the board in production and consumption:

📌 Crude Steel Production up by 5.3%📌 Finished Steel Production up by 5.3%📌 Sponge Iron & Pig Iron showed healthy double-digit gains📌 Domestic Consumption surged by 11.5%, driven by Infrastructure, Railways & Construction

However, two worrying trends emerge:

⚠️ Imports up by 14.8%📉 Exports down by 35.1%

👉 This import-export imbalance is a red flag for India’s pricing power and global competitiveness. While internal demand is strong, the export fall highlights an urgent need for policy and strategic review.

💬 The big question: How can India boost steel exports while shielding its domestic industry from rising imports?

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