India’s crude steel production increased by around 13% to 143 million tonnes (mnt) in financial year 2023-24 (FY’24) from 127 mnt seen in the previous fiscal (FY’23). The growth was propelled by a sharp increase in the share of production through the induction furnace (IF) route. The state which traditionally leads the country in terms of steel production, is Odisha. In FY’24, its output increased by 3 mnt to 26 mnt (23 mnt in FY’23). Jharkhand followed with 20 mnt (18 mnt). Chhattisgarh was third with 18 mnt (16 mnt). Maharashtra took the fourth slot with 16 mnt (14 mnt), followed by Karnataka with 15 mnt (13 mnt) while West Bengal recorded 11 mnt (10 mnt). Gujarat bagged the 7th rank with 10 mnt (9 mnt).
