Inside Indiaโ€™s Steel Industry โ€“ Demand Surge, Imports, and Borrowing Insights

๐ŸŒ ๐—œ๐—ป๐—ฑ๐—ถ๐—ฎโ€™๐˜€ ๐—ฆ๐˜๐—ฒ๐—ฒ๐—น ๐—ฆ๐—ฒ๐—ฐ๐˜๐—ผ๐—ฟ: ๐—ข๐—ฝ๐—ฝ๐—ผ๐—ฟ๐˜๐˜‚๐—ป๐—ถ๐˜๐—ถ๐—ฒ๐˜€ ๐—ถ๐—ป ๐—™๐—ฌ๐Ÿฎ๐Ÿฑ

Indiaโ€™s steel industry is on a strong growth trajectory.

Crude steel output grew ๐Ÿฑ.๐Ÿฎ% ๐—ฌ๐—ผ๐—ฌ to 138.2 MnT, while finished steel consumption surged ๐Ÿญ๐Ÿญ.๐Ÿฏ% to 137.8 MnT – reflecting the depth of domestic demand. Yet, exports declined ๐Ÿฏ๐Ÿฏ.๐Ÿณ% and imports rose 15.8%, making India a net importer. With demand projected to grow at ~๐Ÿดโ€“๐Ÿด.๐Ÿฑ% in 2025, India – the worldโ€™s ๐Ÿฎ๐—ป๐—ฑ-๐—น๐—ฎ๐—ฟ๐—ด๐—ฒ๐˜€๐˜ ๐˜€๐˜๐—ฒ๐—ฒ๐—น ๐—ฝ๐—ฟ๐—ผ๐—ฑ๐˜‚๐—ฐ๐—ฒ๐—ฟ – is set to far outpace global averages.

๐—ฆ๐—ผ๐˜‚๐—ฟ๐—ฐ๐—ฒ: https://lnkd.in/gXHKtJjd

๐—ž๐—ฒ๐˜† ๐—œ๐—ป๐˜€๐—ถ๐—ด๐—ต๐˜๐˜€:
At Probe42, we enable sharper decision-making across this evolving sector. Our data on ๐Ÿฒ,๐Ÿฒ๐Ÿฌ๐Ÿฌ+ ๐˜€๐˜๐—ฒ๐—ฒ๐—น ๐—ฐ๐—ผ๐—บ๐—ฝ๐—ฎ๐—ป๐—ถ๐—ฒ๐˜€ reveals

๐Ÿ”น ๐—ช๐—ต๐—ฒ๐—ฟ๐—ฒ ๐˜๐—ต๐—ฒ๐˜† ๐—ฎ๐—ฟ๐—ฒ: 57% registered in Maharashtra, West Bengal, Delhi, Gujarat & Chhattisgarh
๐Ÿ”ธ ๐—›๐—ผ๐˜„ ๐—ฒ๐˜€๐˜๐—ฎ๐—ฏ๐—น๐—ถ๐˜€๐—ต๐—ฒ๐—ฑ ๐˜๐—ต๐—ฒ๐˜† ๐—ฎ๐—ฟ๐—ฒ: 45% are 20+ years old, 28% are new-age firms founded in the last decade
๐Ÿ”น ๐—™๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ถ๐—ฎ๐—น ๐—ฑ๐—ฒ๐—ฝ๐˜๐—ต: 33% report revenues above โ‚น25 Cr
๐Ÿ”ธ๐—•๐—ผ๐—ฟ๐—ฟ๐—ผ๐˜„๐—ถ๐—ป๐—ด ๐—น๐—ฎ๐—ป๐—ฑ๐˜€๐—ฐ๐—ฎ๐—ฝ๐—ฒ: 4,200+ borrowings secured in FY24โ€“25, with half below โ‚น10 Cr and 22% in the โ‚น25โ€“100 Cr range

Whether itโ€™s ๐˜‚๐—ป๐—ฑ๐—ฒ๐—ฟ๐˜„๐—ฟ๐—ถ๐˜๐—ถ๐—ป๐—ด, ๐˜„๐—ผ๐—ฟ๐—ธ๐—ถ๐—ป๐—ด ๐—ฐ๐—ฎ๐—ฝ๐—ถ๐˜๐—ฎ๐—น, ๐˜ƒ๐—ฒ๐—ป๐—ฑ๐—ผ๐—ฟ ๐—ฒ๐˜ƒ๐—ฎ๐—น๐˜‚๐—ฎ๐˜๐—ถ๐—ผ๐—ป, ๐—ผ๐—ฟ ๐—ฐ๐—ผ๐—บ๐—ฝ๐—น๐—ถ๐—ฎ๐—ป๐—ฐ๐—ฒ, Probe42 gives you the clarity to act with confidence.

Explore deeper insights with customised filters on the Steel Segment on www.probe42.in

Explore the detailed insights below.

Explore insights on 23,000+ companies in this pincode with customised filters, only on Probe42.

Log in now and start exploring!

Powered by data intelligence, Probe Research simplifies complex regulatory, financial, and corporate information, delivering actionable insights to enable informed business decisions.

Subscribe to our Newsletter!

Get Exclusive Business Insights

Unlock detailed data on 1.6 Cr+ Indian companies to make smarter decisions.

Sign Up for Probe42