India consumed 85.0 million tonnes of finished steel in April–September 2026, against 79.0 million tonnes a year earlier, according to provisional JPC figures published by the Steel Ministry on October 23 at 3:32 pm IST. The increase is about 7.6%.
Finished-steel production rose from 78.8 million to 82.0 million tonnes, about 4.1%. Imports of 4.14 million tonnes exceeded exports of 3.55 million tonnes, leaving India a net importer by volume for the half-year. These are historical sector figures, not current share prices or company earnings.
Source: Ministry of Steel / Press Information Bureau.

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