Indian pellet industry's capacity utilisation rates fall 10% since FY'21

Source: BigMint Dec 02, 2025 08:30

Capacity expansions disproportionately higher than production growth. Declining exports on weak Chinese demand impacts utilisation rate. Weak steel prices squeeze margins, some DRI makers shift to lumps

Morning Brief: The Indian pellet industry has seen a steady decline in production capacity utilisation rates between FY'21 and 7MFY'26, with a cumulative drop of 10% in capacity utilisation rate, as per data. In the last five years, capacity utilisation rates were at their healthiest at 76% in FY'21, which

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