India Steel Exports Reach New Highs in September 2025
India increased its steel exports by 24% month-on-month in September 2025, reaching 1.07 million tons. This volume marks the highest monthly export since March 2024. Compared to September 2024, exports nearly doubled, signaling robust growth in Indian steel shipments. Flat carbon steel products drove much of this surge, with hot-rolled coils alone accounting for 0.41 million tons, a 50% increase from the previous month.
The sharp rise in steel exports reflects active restocking in the European Union. EU buyers reacted to new trade policies and higher procurement costs linked to the introduction of the Carbon Border Adjustment Mechanism (CBAM). In September, Indian steel supplies to the EU rose by 12% month-on-month, reaching 0.6 million tons. The UAE and the UK ranked as the second and third largest importers of Indian steel during this period.
Focus on India’s Export Growth and Strategic Production Goals
Over the first half of the 2025/2026 financial year (April-September), India exported 4.43 million tons of steel, a 40% year-on-year increase. Hot-rolled product exports rose 56% year-on-year to 1.12 million tons. Additionally, exports to the EU surged 69% year-on-year to 2.1 million tons, underscoring the importance of this market.
However, BigMint notes that future export growth depends heavily on EU trade policy adjustments and the impact of CBAM implementation. Meanwhile, India reached a steel production capacity of 205 million tons in 2024/2025. The country aims to boost this capacity to 300 million tons annually by 2030/2031, aligning with its long-term strategic growth objectives.
SuperMetalPrice Commentary:
India’s steel export growth in 2025 highlights its rising role in the global metals market. The surge, driven by EU demand and policy shifts, underscores how trade regulations influence commodity flows. As India pushes toward its 300 million-ton capacity target, balancing export growth with domestic needs will be crucial. Industry stakeholders should monitor EU trade policies and CBAM closely, as these will shape India’s export trajectory and global steel market dynamics.
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