Economic Survey 2025-26: Steel sector faces challenges of international price disparity, raw material security
The Hindu
The Economic Survey 2025-26 highlights challenges in India's steel sector, including international price disparity and raw material security issues.
“The domestic steel sector faces challenges related to international price disparity and raw material security,” the Economic Survey said on Thursday (January 29, 2026).
Union Finance Minister Nirmala Sitharaman presented the Economic Survey 2025-26 in the Lok Sabha on Thursday (January 29, 2026).
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“The steel sector serves as the backbone of industrialisation and infrastructure, securing India’s position as the world's second-largest crude steel producer,” the government document said.
“The sector has undergone a major transformation in the last five years, largely driven by strong domestic demand from the construction and manufacturing sectors,” it said.
Economic Survey 2025-26
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