India: Crude steel expansion approvals reach 19 mnt/year in Apr-Jul’26

India’s crude steel expansion pipeline gathered pace in the first four months of FY’27, with 19.2 million tonnes (mnt/year) of new capacity receiving environmental clearance (EC) and consent to establish (CTE) during April-July 2026, according to BigMint data. The approvals span both integrated and secondary steelmaking routes, with 13.34 mnt/year of blast furnace (BF) capacity, 10.67 mnt/year through the basic oxygen furnace (BOF) route, 7.19 mnt/year through induction furnaces (IF), and 1.31 mnt/year through electric arc furnaces (EAF).