Rupee slide boosts steel export margins: Can India capture global market share? - News Summed Up

Rupee slide boosts steel export margins: Can India capture global market share?


India’s steel production and export marketIndia is the world’s second-largest producer of crude steel, per the latest data from the World Steel Association (2024 figures). These upgrades will enable the production of high-value steel, reduce imports, and strengthen India’s position in the global steel market. India’s current share in global steel exportsAlthough India is among the world’s top steel producers, its share in global exports remains modest compared to countries like China, Japan, and South Korea. Enhancing port efficiency and logistics services for domestic steel production will help India increase quality standards that meet international norms. With a strategic approach, India can convert global uncertainty into opportunity, boosting export margins, expanding its share in global steel markets, and moving closer to true self-reliance in the steel sector.


Source: The Hindu December 21, 2025 04:25 UTC



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