New Delhi, May 14 -- India's steel sector continued to outpace its global counterparts in March 2026, even as total worldwide output struggled to maintain its year-on-year (YoY) pace. According to a report by Centrum, domestic crude steel production surged by 11 per cent annually, reaching 15.3 million tonnes, while China and other major producing nations saw sustained contractions.

The global steel landscape showed a significant dip in March, with total output recorded at approximately 159.9 million tonnes. This figure represented a 4 per cent decline compared to the same period last year.

China, the world's largest producer, contributed 87 million tonnes to the total but faced its eleventh consecutive month of YoY contraction with a 6...