Author: Suyash Jain
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India’s steel output rises to record highs despite softer industrial momentum
Crude steel output reaches 15.3 mnt in Mar’26, marking a new peak Steel imports decline sharply, signalling domestic supply substitution Manufacturing PMI softens, indicating emerging pressure on industrial momentum Morning Brief: India’s crude steel production rose to 15.32 million tonnes (mnt) in March 2026, extending the upward trajectory seen through late 2025 and marking a…