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India becomes net exporter of finished steel in October as shipments rise

India's crude steel production in October stood at 14.02 million metric tons, up 9.4 per cent from a year earlier, according to the data

steel industry

India, the world's second-biggest crude steel producer, imported 0.5 million metric tons in October, down 55.6 per cent from a year earlier

Reuters NEW DELHI

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India turned a net exporter of finished steel in October, with shipments reaching 0.6 million metric tons, up 44.7 per cent from a year earlier, provisional government data reviewed by Reuters showed on Monday.

India, the world's second-biggest crude steel producer, imported 0.5 million metric tons in October, down 55.6 per cent from a year earlier, the data showed.

New Delhi produced 13.4 million metric tons of finished steel in October, up 10 per cent from a year earlier, while consumption was 13.6 million metric tons, up 4.7 per cent.

India's crude steel production in October stood at 14.02 million metric tons, up 9.4 per cent from a year earlier, according to the data.

 

 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Nov 10 2025 | 2:53 PM IST

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