[SMM Iron & Steel] India’s Crude Steel Production Hits 12.1 Mt in April 2026 Amid Robust Demand

Published: May 7, 2026 15:48

Save

India's crude steel production rose by 6% year-on-year in April 2026 to reach 12.1 million metric tons (Mt). Domestic finished steel consumption outpaced production growth, increasing by 8% to 11.3 million mt, driven by strong infrastructure activity. During the month, finished steel output stood at 11.6 million mt (+5.5% YoY), while imports jumped 12% to 0.6 million mt and exports fell by 15% to 0.5 million mt. The data confirms India's status as a primary driver of global steel demand, with strong domestic absorption reducing export surpluses and making the country a net importer for the period, which may support global steel prices amid tightening regional supply.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Common.Time.minsAgo

5.7 SMM Global Steel Daily Report

SMM News Flash: Indian steel mills sold around 200,000 tonnes of HRC at 580-600 USD/tonne CFR Vietnam since mid-April, while current SAE-grade offers increased to 600-610 USD/tonne CFR Vietnam. The higher offers reflect firmer regional pricing and tightening availability following previous transactions. Market sentiment is firm but cautious, with buyers becoming more resistant at elevated price levels.

Common.Time.minsAgo

Common.Time.hoursAgo

SMM Iron & Steel] ArcelorMittal Kryvyi Rih Suspends Steel Production Due to Severe Logistics Disruptions

ArcelorMittal Kryvyi Rih (AMKR) has announced a temporary suspension of its steel and rolled product manufacturing for at least four days, starting May 5, 2026, due to critical damage to the railway infrastructure connecting the plant to Black Sea ports. The logistics bottleneck, caused by repeated strikes on the Odesa-Chornomorsk bridge, has paralyzed the export of iron ore concentrate and finished steel, forcing the company to idle Blast Furnace No. 6. While the plant aimed for a 2026 production target of 5.3 million metric tons (mt) of iron ore concentrate and 3.8 million mt of crude steel, this disruption threatens to tighten the supply of long products in the European and North African markets.

Common.Time.hoursAgo

[SMM Iron & Steel] US Issues Preliminary AD Results for Large Diameter Welded Pipe from India

The US Department of Commerce (DOC) has announced the preliminary results of its administrative review of the antidumping (AD) duty order on large diameter welded pipe from India for the period of May 1, 2023, to April 30, 2024. The DOC preliminarily found that Welspun Corp Limited and its affiliates did not sell the subject merchandise at less than normal value, assigning a dumping margin of 0.00%. Additionally, the review was rescinded for 12 other Indian companies as they had no reviewable shipments during the period. This preliminary zero-margin finding for a major producer suggests a potential easing of trade barriers for specific Indian pipe exports, though final results are pending.

Common.Time.hoursAgo