India turns net exporter of finished steel in 2025/26, data shows

NEW DELHI : India turned a net exporter of ​finished steel in the financial ‌year that ended on March 31, provisional government data reviewed by Reuters ​showed on Tuesday.
Here are some ​key details:

The world’s second-biggest crude steel ⁠producer shipped 6.6 million metric ​tons of finished steel in ​2025/26, up 35.9% from a year ago, the data showed.
Italy, Vietnam, Belgium, the UAE, ​and Spain were the biggest ​buyers of Indian finished steel.
New Delhi imported ‌6.5 ⁠million tons of finished steel during the fiscal year 2025/26, down 31.7% from a year earlier.
South ​Korea, China, ​Japan, Vietnam, ⁠and Russia were the biggest exporters of finished ​steel to India.
Crude steel production ​in ⁠the year reached 169.2 million tons, up 11.2% on year.
Finished steel ⁠consumption ​was at 164.2 ​million tons, up 8%, the data showed.