India’s BF-BOF Route Will Hold Over 55% Share in Crude Steel Production in 2030

India’s installed crude steel-making capacity is at 167.22 mnt, in which the share of the BF-BOF route is 70.23 mnt (42%) and EAF/IF route is 96.99 mnt (58%). However, SteelMint estimates that by FY25, the total crude steel capacity will rise to an estimated 206.04 mnt. In this, the share of BF-BOF will rise to 96.85 mnt or 47% and EAF/IF to 109.19 mnt (a drop to 53%).