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Crude steel production reached 70.3 Mt in April-August 2026, up 1.8% over the same period last year; finished steel production rose 3.8% to 68.1 Mt.
Finished steel consumption grew faster than output, up 7.0% to 70.3 Mt.
India remained a net importer of finished steel by quantity during April-August 2026, with imports up 29.5% and exports up 34.1%.
Total installed crude steel capacity stood at 222.8 Mt, of which the top seven producers hold 117.4 Mt.
Build a self-sufficient steel industry that is globally competitive on cost and quality.
Key: Targets 300 Mt of crude steel capacity, 255 Mt of production and 158 kg of per-capita finished steel consumption by 2030-31, against a capacity of 122 Mt in 2015-16. Current capacity of 222.8 Mt is the yardstick against which that target is read.
Cut imports of high-value steel grades by drawing capital investment into domestic manufacture.
Key: Launched July 2021 with an outlay of Rs 6,322 crore, covering five categories — coated/plated products, high strength and wear-resistant steel, specialty rails, alloy steel products, and steel wires and electrical steel.
Nodal ministry for the sector; publishes this monthly production, price and trade review.
Constituted in 1964 to frame guidelines on production, allocation, pricing and distribution of iron and steel; reoriented in 1992 into an industry facilitator and the sector's principal data agency.
The largest public-sector steel producer and part of the top seven; the Steel Minister reviewed its performance, capex and expansion plans.
State-owned iron ore miner supplying the sector's principal raw material.
GS Paper 3 > Indian Economy > Infrastructure and Industry
General Awareness > Economy
In India, the steel production industry requires the import of
Answer: coking coal
Steel in its first solid form after melting, before rolling or finishing; the standard measure of a country's steelmaking capacity.
Molten iron tapped from a blast furnace, the input to the basic oxygen route of steelmaking.
A position where imports exceed exports in tonnage, even if trade values move differently.