India turns net exporter of finished steel in October, govt data shows
India turned a net
exporter of finished steel in October, with shipments reaching
0.6 million metric tons, up 44.7% 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% from a
year earlier, the data showed.
New Delhi produced 13.4 million metric tons of finished
steel in October, up 10% from a year earlier, while consumption
was 13.6 million metric tons, up 4.7%.
India’s crude steel production in October stood at 14.02
million metric tons, up 9.4% from a year earlier, according to
the data.
Published on November 10, 2025
