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India anchors global steel growth; demand outlook remains strong

Source: BigMint Apr 03, 2026 09:30

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Crude steel output rises by 11% y-o-y in FY'26. Demand grows 7% but outlook remains strong

India stands at the centre of the global steel growth story, supported by infrastructure expansion, rapid industrialisation, and manufacturing-led growth. The country has emerged as one of the most dynamic steel markets, with crude steel production reaching 168 million tonnes (mnt) in FY'26, up 11% y-o-y. This reflects sustained

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Price Curve

Daily Prices

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Square billet EXW prices: Tangshan major mills

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Major steel product prices: Guangdong

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Construction steel prices: Huizhou

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