Category: HRC
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India: Steel capacity expansion approvals reach 50 mnt in FY26, signalling pipeline acceleration
BOF-led expansion anchors integrated capacity growth Flat steel additions rise, alongside sustained long product expansion India’s steel capacity expansion approvals rose to 50.34 million tonnes (mnt) in FY26, more than doubling from 23.08 mnt in FY25, marking a clear shift toward large-scale capacity creation. The scale of approvals reflects a transition from incremental additions to…