Indian steel demand is projected to grow around 8% in FY 2025-26 — among the fastest rates in the world — even as producer margins stay under pressure. That combination of strong volumes and squeezed spreads shapes behaviour all along the chain: mills lift more tonnage while negotiating harder on every input, from iron ore to silico manganese. For suppliers it is a market of good demand and hard bargains, where efficiency and reliability win orders that price alone no longer settles.
India to see 8% growth in steel demand in FY 2025-26, producers margin to remain under pressure
Source: steelorbis