Ministry of Steel
The Government of India ministry that sets policy for the steel sector. Its senior civil servant is Steel Secretary Sandeep Poundrik.
Covered in 5 MetalsCost.com News Intelligence articles, most recently on October 11, 2026.
Coverage
India's Draft Steel Policy Sets a 604 Million-Tonne Goal and Needs 772 Mt of Iron Ore
India's draft National Steel Policy Vision 2047 aims for 604 million tonnes of crude steel capacity, nearly three times today's level. Feeding it would need 772 million tonnes of iron ore a year, while each tonne of steel would emit about 40% less carbon.
India's Steel Ministry Is Unlikely to Seek New Curbs on Cheap Imports, Source Says
India's steel ministry is unlikely to push for new measures against cheap imports in the near term, rejecting a request from domestic mills, a government source said. Finished steel imports rose 29.5% in April-August, with China the biggest supplier.
India's Steel Demand Grows 7.5% in the First Half, Outpacing Its Own Output
India's finished steel consumption rose 7.5% to 84.9 million tonnes in April-September, Ministry of Steel data show. Output grew more slowly, leaving India a net importer of finished steel for the half.
Steel Ministry Asks SAIL and NMDC to Look for Mining Assets Abroad
India's Steel Ministry has asked state-run SAIL and NMDC to explore buying mineral assets overseas to secure raw materials and keep costs in check. Indian steelmakers import 85-90% of their coking coal, mainly from Australia and Mozambique.
India's New Steel Policy Aims for 600 Million Tonnes of Capacity by 2047
India will release a draft steel policy within a week that targets more than 600 million tonnes of annual capacity by 2047, almost three times today's level. Feeding those mills will need far more iron ore and coking coal.
