India: Finished steel consumption rises 6.6% y-o-y in Oct'26; imports surge 66% - JPC

Source: BigMint Nov 12, 2026 08:30

Consumption remains resilient despite a marginal m-o-m decline. Indias net steel imports widen as shipments rise and exports fall

India's crude steel production increased 1% m-o-m to 14.051 million tonnes (mnt) in October 2026 from 13.909 mnt in September, according to provisional data released by the Joint Plant Committee (JPC). Production also increased 0.7% y-o-y from 13.953 mnt in October 2025. India remained a net importer of finished steel

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