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πŸ“° News ⏱ 2 min
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Key Points

5 points
1

Finished steel consumption reached 84.9 million tonnes, a 7.5% rise.

2

Crude steel production reached 85.1 million tonnes, a 2.9% increase.

3

India imported 4.14 million tonnes of finished steel, up 23.8%, and exported 3.55 million tonnes, up 26.2%.

4

The Steel Industry Safety Council will conduct safety audits and investigations.

5

Over 100 steel producers earned Green Steel Certificates for low‑emission production.

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Summary

Crude steel production rose by 2.9% to 85.1 million tonnes in the same period.

The country remained a net importer of finished steel, with imports up 23.8% and exports up 26.2%.

The Ministry of Steel created a Steel Industry Safety Council to strengthen safety standards and accident prevention.

More than one hundred steel producers earned Green Steel Certificates, showing a shift toward lower‑emission steelmaking.

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New Words to Learn

8 words
finished steel
steel that has been fully processed and can be used directly in building or manufacturing
crude steel
steel that is still in the early stage of production before it is finished
net importer
a situation where a country buys more of a product than it sells
green steel
steel produced using methods that create less pollution and carbon emissions
Steel Industry Safety Council
a government‑led group that sets safety rules and checks for steel factories
Green Steel Certificate
an official recognition that a steel producer follows environmentally friendly practices
financial year
the 12‑month period used for government budgeting, here starting in April
goods and services tax
a tax added to most purchases in India
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