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India to log ‘highest growth’ in steel demand in 2025 & 2026, says World Steel Association

New Delhi 16October2025

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Millennium Post Delhi

Steel demand in China to decline by around 2% in 2025, projects WSA

- SURYA SARATHI RAY

India is likely to log the highest growth in steel demand, around 9 per cent, among the world’s major consuming nations in both 2025 and 2026, driven by continued growth in steel-using sectors such as construction and automobiles, according to the World Steel Association (WSA). India is the world’s second-largest producer and consumer of steel.

“Our projections suggest Indian steel demand will continue to charge ahead with around 9% growth in its steel demand over 2025 and 2026, driven by continued growth in all steel-using sectors. In 2026, steel demand in India is projected to be almost 75 million tonnes (MT) higher than in 2020,’ WSA said in its short-range outlook for global steel demand.

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