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July 23, 2025--NEW DELHI--Researched by Industrial Info Resources (Sugar Land, Texas)--India's steel industry is picking up momentum, solidifying its position as the second-largest producer of crude steel in the global market. With an estimated annual production of 151 million tons of crude steel in fiscal year (FY) 2024-25, the steel industry is expected to scale up production up to 300 million tons by FY 2030-31.
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