Tag: India’s steel sector weathers global uncertainty on domestic macro strength

India’s crude steel production rose by 10.7% y-o-y to 13.71 million tonnes (mnt) in November 2025, driven by sustained domestic demand that offset weak global trade conditions and volatile input markets. The strong year-end outturn shows a defining feature of the current steel cycle, a domestically driven, volume-led expansion that has remained resilient despite uneven…