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6 Jul 2026ECONOMY3 questions

India's Steel Sector Records Growth in Q1 FY 2026

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Article summary

India's steel sector recorded significant growth in Q1 FY 2026 (April–June 2025), with increases in both crude steel production and finished steel consumption, reinforcing India's position as the world's second-largest steel producer. Steel is a core indicator of industrial health, feeding into construction, infrastructure, automobiles, and defence manufacturing. India's National Steel Policy (NSP) 2017 had set a target of 300 million tonnes (MT) of steelmaking capacity by 2030-31, making quarterly performance data a critical benchmark for policy tracking. The sector's growth is closely tied to government capital expenditure on infrastructure — roads, railways, and urban housing — which has been a key fiscal lever in recent Union Budgets. For UPSC aspirants, this story connects GS3 themes of industrial policy, infrastructure financing, and environmental compliance, as steel production is also one of India's largest sources of industrial carbon emissions.

What this tests

recallTests whether you read the article and retained key facts.
1Q
applicationTests whether you can apply the concept to a new scenario.
1Q
analysisTests whether you can reason across multiple related facts.
1Q

Sample questions — answers revealed after test

ECONOMYRecallEasy

Q1. With reference to the National Steel Policy (NSP) 2017, which of the following correctly states its targets for the year 2030-31?

A300 MT steelmaking capacity, 255 MT finished steel production, and 160 kg per capita consumption
B250 MT steelmaking capacity, 200 MT finished steel production, and 160 kg per capita consumption
C300 MT steelmaking capacity, 255 MT finished steel production, and 200 kg per capita consumption
D300 MT steelmaking capacity, 210 MT finished steel production, and 140 kg per capita consumption
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ECONOMYApplicationMedium

Q2. A parliamentary committee reviewing India's PLI Scheme for Specialty Steel (2021) is tasked with verifying the scheme's coverage. Which of the following lists correctly identifies ALL five specialty steel categories covered under the scheme?

ACoated steel, high-strength steel, specialty rails, alloy steel bars, and electrical steel
BCoated steel, high-strength steel, specialty rails, stainless steel, and electrical steel
CCoated steel, tool steel, specialty rails, alloy steel bars, and electrical steel
DHigh-strength steel, specialty rails, alloy steel bars, electrical steel, and cold-rolled steel
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ECONOMYAnalysisHard

Q3. Consider the following statements regarding India's steel sector and its policy environment: 1. The Joint Plant Committee (JPC), a statutory body under the Ministry of Steel, is responsible for collecting and publishing iron and steel statistics in India. 2. India became the world's second-largest crude steel producer in 2019, overtaking South Korea. 3. India's steel sector contributes approximately 12% of the country's total CO₂ emissions, making it a priority sector under India's NDC commitments. 4. The EU's Carbon Border Adjustment Mechanism (CBAM) creates a trade incentive for Indian steel exporters to accelerate the transition to green steel production routes. Which of the statements given above are correct?

A1 and 3 only
B1, 3, and 4 only
C2 and 4 only
D1, 2, and 3 only
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