Parliament Question: Steel Exports and Competitiveness

GOVERNMENT OF INDIA MINISTRY OF STEEL LOK SABHA UNSTARRED QUESTION NO. 2716 FOR ANSWER ON 04.08.2026 STEEL EXPORTS AND COMPETITIVENESS 2716. MS. PRANITI SUSHILKUMAR SHINDE: Will the Minister of STEEL be pleased to state: (a) the total volume and value of India’s steel exports along with major destination countries during the last three years, year-wise; (b) whether the Government has identified key challenges affecting steel exports, including global demand fluctuations, trade barriers, high input costs and competition from other exporting countries, if so, the details thereof; (c) the measures taken to enhance the competitiveness of Indian steel in international markets, including policy support, quality standards, and logistics improvement; and (d) whether the Government proposes any additional initiatives to boost steel exports, diversify markets and increase India’s share in global steel trade and if so, the details thereof? ANSWER THE MINISTER OF STATE IN THE (SHRI BHUPATHIRAJU SRINIVASA VARMA) MINISTRY OF STEEL (a)to(d): The Year-wise details of the quantity and value of finished steel exported from India during the last three years and the current year, along with the major destination countries, are given below: - Country-wise Export of Finished Steel Quantity (in '000 tonnes), Value (Rs crore) 2023-24 2024-25 2025-26 Apr-Jun 2026-27* Country Quantity Value Quantity Value Quantity Value Quantity Value ITALY 1,672 11,210 708 5,689 1,069 6,883 92 908 VIETNAM 343 1,782 11 213 772 3,512 247 1,335 BELGIUM 840 6,091 544 4,079 721 4,973 126 1,011 UAE 519 3,983 489 3,764 486 3,346 249 1,536 SPAIN 689 4,780 416 2,799 483 3,151 75 619 NEPAL 559 2,954 536 2,530 428 2,083 116 644 TAIWAN 57 437 31 297 376 1,945 101 599 USA 95 1,924 165 2,629 180 2,474 45 667 U.K. 326 2,098 331 1,834 137 976 82 592 DENMARK 136 889 117 726 103 672 25 184 Others 2,249 23,008 1,510 16,025 1,847 18,572 434 4,381 TOTAL 7,487 59,157 4,858 40,585 6,602 48,585 1,593 12,475 Source: Joint Plant Committee (JPC); *provisional Contd…..2/-::2:: Steel is a deregulated sector and the Government acts as a facilitator by creating a conducive policy environment for the development of steel sector in the country. The decisions regarding import and export are taken by the steel companies based on techno-commercial considerations and market dynamics. *****