Recykal Times

Industry Trends · 7 Oct 2026Editor’s Pick

India Used 7.5% More Steel in April to September 2026, but Production Grew Only 2.9%. What the Gap Means for Scrap

India consumed 84.9 million tonnes of finished steel in April to September 2026, up 7.5% from a year earlier, according to Steel Ministry data released on 6 October 2026. Crude steel output rose just 2.9% to 85.1 million tonnes, and imports climbed 23.8%. Demand running ahead of production is good news for scrap sellers, but rising imports set a ceiling on prices. Here is what the half-year numbers say.

Editorial image for Steel Scrap Prices Climb ₹1,300 a Tonne in a Week as Power Cuts Hit Chhattisgarh Mills: What It Means for Kabadiwalas and Traders

Industry Trends · 5 Oct 2026Editor’s Pick

Steel Scrap Prices Climb ₹1,300 a Tonne in a Week as Power Cuts Hit Chhattisgarh Mills: What It Means for Kabadiwalas and Traders

Heavy melting scrap at Mandi Gobindgarh rose to ₹39,700 a tonne on 5 October 2026, up ₹1,300 from a week earlier, more than reversing the previous week's fall. Ship scrap at Alang, sponge iron, billets and rebar all moved up too. Power cuts at mills in Chhattisgarh and firm scrap markets abroad are behind the rise. Here is what the numbers show and what to do with them.

Sponge Iron

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India Used 7.5% More Steel in April to September 2026, but Production Grew Only 2.9%. What the Gap Means for Scrap

Steel Scrap Prices Climb ₹1,300 a Tonne in a Week as Power Cuts Hit Chhattisgarh Mills: What It Means for Kabadiwalas and Traders