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India’s Steel Consumption Rises 6.5% to 14.4 Million Tonnes in July 2026

India’s steel consumption rose 6.5% year-on-year to 14.4 million tonnes in July 2026, while production remained steady amid strong domestic demand.

IndiaIndustrialMarket UpdatesMetalNewsSteel Daily

India’s Primary Steel Producers Expected to Maintain Stable Profitability in FY27 Despite Rising Costs: Crisil Ratings

India's primary steel producers are expected to maintain stable profitability in FY27 despite rising production costs, supported by higher domestic steel prices, safeguard...

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TMT Rebar Prices Fall to Six-Month Low as Monsoon Slows Construction Activity

TMT rebar prices in India have dropped to a six-month low of ₹50,000 per tonne as weak demand, high inventories and the monsoon...

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Steel Prices Rise 12.3% While Cement Remains Stable Under India’s Revised WPI Series

India’s revised Wholesale Price Index data for May 2026 highlights strong growth in steel, fabricated metals and mining sectors, while cement and other...

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Construction Costs Rise Over 25% as Material Shortages and Labour Constraints Impact Real Estate Sector: CREDAI

CREDAI has warned that construction costs have increased by more than 25 percent due to global conflicts, material shortages and labour constraints, putting...

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India’s Crude Steel Output Rises 5.8% in April 2026 on Strong Domestic Demand

India’s crude steel production increased 5.8 percent in April 2026, driven by strong infrastructure activity and rising manufacturing demand, according to the Ministry...

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West Asia conflict pushes steel, aluminium prices up 20–25%, raises construction cost concerns

The prolonged conflict in West Asia has triggered a sharp 20–25% rise in steel and aluminium prices, increasing cost pressure on India’s construction...

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Steel producers brace for profit pressure as prices stay weak in December quarter

Indian steel producers are expected to report sequentially weaker profits in the December quarter as soft steel prices and higher input costs continue...

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India Turns Net Exporter of Finished Steel in April–December, Exports Rise 33%

India emerged as a net exporter of finished steel during April to December of the current financial year, supported by higher shipments, policy...