[SMM Steel] India emerges as net exporter of finished steel in Apr-Feb FY26

Published: Mar 10, 2026 17:44

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[SMM Steel] According to provisional data from the Ministry of Steel, India became a net exporter of finished steel during the first 11 months of FY 2025-26 (April–February). Total exports reached 6.02 million mt (up 36% YoY), while imports fell to 5.6 million mt (down 37% YoY). Crude steel production rose 11% to 153.61 million mt, outpacing a 7.2% growth in consumption, which totaled 147.7 million mt.

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