Why in News?
India’s steel sector recorded steady growth in Q1 FY 2026-27 with higher production, strong demand, and continued policy support.
Key Highlights
- Crude steel production: 42.1 Mt (+3.0% YoY)
- Finished steel production: 41.0 Mt (+5.9% YoY)
- Finished steel consumption: 41.6 Mt (+8.3% YoY)
- Installed steel capacity: 221.9 MTPA (Target: 300 MTPA by 2030 under National Steel Policy 2017)
- India remained a net importer of finished steel despite export growth.
Major Developments
- DGTR launched an anti-dumping probe into hot-rolled steel imports from China, Japan, and Russia.
- Ministry of Steel promoted AI, automation, predictive maintenance, digital mining, and smart manufacturing.
- SAIL supplied 5,700 tonnes of special steel for three Indian Navy ships.
- JSW Group began construction of a 2 MTPA integrated steel plant in Kadapa, Andhra Pradesh.
Green Steel
- SAIL Rourkela launched India’s first CO₂ Dashboard for digital carbon monitoring.
- Plantation drives and decarbonisation initiatives continued under Van Mahotsav 2026.
[2023]Consider the following heavy industries:
1. Fertilizer plants
2. Oil refineries
3. Steel plants
Green hydrogen is expected to play a significant role in decarbonizing how many of the above industries?
[A] Only one
[B] Only two
[C] All three
[D] None