Crude steel production up 5.8%, consumption jumps 8.1% YoY, on strong infrastructure and manufacturing demand

India's Steel Sector: The World's Fastest-Growing Powerhouse PUNE, India, May 6, 2026 /PRNewswire/ -- India Steel Market cemented its position as the world's second-largest crude steel producer in FY25 with output of 164 MT — and critically, it was the only t…