How much steel does India produce and export?
India is the 2nd largest producer of steel: 160 million tonnes in 2025, 8.4% of the world's 1.9 billion tonnes (USGS MCS). It is the nullth largest exporter by value: $1.7 billion in 2024, 2.5% of world exports of hot-rolled steel coil (HS 7208) (CEPII BACI).
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India's steel production
| World rank | Production (tonnes) | Share of world | Ten-year growth | Year |
|---|---|---|---|---|
| 2 | 160 million tonnes | 8.4% | — | 2025 |
USGS Mineral Commodity Summaries, MCS 2026.
India's steel exports
| World rank | Export value | Share of world exports | Quantity (tonnes) | Average value per tonne | Year |
|---|---|---|---|---|---|
| $1.7 billion | 2.5% | 2.6 million t | $665 | 2024 |
CEPII BACI international trade database (HS22, V202601), HS 7208 (Flat-rolled iron or non-alloy steel, hot-rolled, not clad).
India as a buyer of steel
India imported $2.8 billion of hot-rolled steel coil (HS 7208) in 2024, 4.1% of world imports, ranked #4. Of its $2.8 billion of steel imports in 2024, 35% came from South Korea and 28% from Japan, among 33 suppliers. Largest sources: South Korea (35%), Japan (28%), China (21%), Vietnam (9.5%), France (2.5%).
Cite as: Commodity Origins, "India steel: production, exports and prices", https://commodityorigins.com/countries/IND/steel/ (CC BY 4.0). Rankings count only countries reporting to the sources named; this page is shown only for top-five producers or exporters with at least 3% of the world total. Report an issue with this page.