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Photo – India increased iron ore imports in April by 2.6 times y/y
India increased iron ore imports in April by 2.6 times y/y

Compared to the previous month, the figure decreased by 11%

Photo – Steel exports from India rose by 24.9% y/y in April
Steel exports from India rose by 24.9% y/y in April

Strong domestic demand supported production, but imports grew faster, intensifying competition

Photo – Jindal Steel set new production records in fiscal year 2026
Jindal Steel set new production records in fiscal year 2026

The main factor was the commissioning of two converters, each with a capacity of 3 million tons per year

Photo – India has the potential to significantly increase its steel production capacity, – an expert
India has the potential to significantly increase its steel production capacity, – an expert

The future of the industry will be shaped by growing demand and value-added products

Photo – India is projected to increase iron ore production by 8% in FY2026/2027
India is projected to increase iron ore production by 8% in FY2026/2027

The growth will be driven by an expansion of mining capacity

Photo – India increased its rolled steel exports by 36% y/y in FY2025/2026
India increased its rolled steel exports by 36% y/y in FY2025/2026

This year, exports will be hampered by European trade measures and the war with Iran

Photo – JSW Steel and POSCO have announced a joint venture to build a steel plant in India
JSW Steel and POSCO have announced a joint venture to build a steel plant in India

The agreement is expected to be finalized by the end of this year

Photo – India has introduced a new pricing system for low-grade iron ore
India has introduced a new pricing system for low-grade iron ore

The changes are intended to encourage the use of such raw materials

Photo – India increased its iron ore production by 7% y/y in the FY2025/2026
India increased its iron ore production by 7% y/y in the FY2025/2026

The growth was driven by strong performance from some large companies

Photo – India plans to reach a steel production capacity of 400 million tons by the 2035/2036 fiscal year
India plans to reach a steel production capacity of 400 million tons by the 2035/2036 fiscal year

The country also aims to more than double its exports of steel products

Photo – India exported 25.8 million tons of iron ore in the 2025/2026 fiscal year
India exported 25.8 million tons of iron ore in the 2025/2026 fiscal year

Exports of these products, in particular, were slowed by the decline in steel production in China

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