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India's steel production rises 2.8% m-o-m in May'26; consumption rebounds sharply: JPC

Source: BigMint Jun 15, 2026 10:00
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India remains a net importer of finished steel in May. Strong recovery in domestic consumption after April slowdown
India's crude steel production increased by 2.8% m-o-m to 14.213 million tonnes (mnt) in May 2026, according to provisional data released by the Joint Plant Committee (JPC) under the Ministry of Steel. On a y-o-y basis, crude steel output edged higher by 2.9%, reflecting steady production despite subdued market

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