India, June 7 -- India's steel industry maintained strong momentum in FY26, supported by rising infrastructure spending, urbanisation and manufacturing activity. The country's finished steel consumption grew about 7 percent to 164 million tonnes, while crude steel production increased 10.7 percent to 168.4 million tonnes.

Exports surged nearly 36 percent, helping India regain its position as a net steel exporter. With domestic steelmaking capacity reaching around 220 million tonnes and targeted to touch 300 million tonnes by 2030, the sector continues to benefit from robust demand and sustained investment in capacity expansion and technology upgrades.

JSW Steel Ltd JSW Steel Ltd is one of India's largest integrated steel producers and...