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Try the Free AI Search EnginePositive Momentum in India’s Steel Market: Enhanced Activity and Stable Demand Signals Growth
In India, recent developments indicate a positive sentiment in the steel market. This momentum is reflected in the article “India’s NPK/NP stocks rise in January,” which describes increased imports of NPK and NP fertilizers, hinting at robust agricultural activities that may enhance infrastructure demand. Additionally, the article “India’s crude throughput remains stable in January” highlights consistent refinery operations, suggesting a stable industrial environment. These developments correlate with increased activity observed in satellite data for selected steel plants.
Recent data shows significant activity levels at JSW Ispat Special Products Raipur and Raigarh steel plants, with a notable increase for Raipur to 65.0% in February 2026. Rashmi Metaliks Kharagpur exhibited robust performance peaking at 96.0%. Although the mean activity did decline to 30.0% in February, specific plants are indicating upward trends, particularly JSW Ispat Special Products.
JSW Ispat Special Products Raipur focuses on DRI and EAF processes, primarily producing semi-finished and finished products for automotive and infrastructure sectors. The stable operational status, with their activity peaking to 65.0%, showcases resilience against broader market fluctuations. This aligns with the growing fertilizer sector demand indicated in “India’s NPK/NP stocks rise in January” as agricultural productivity often necessitates infrastructure improvements.
Similarly, JSW Ispat Special Products Raigarh, also developing semi-finished and finished steel products, registered continued production levelling in relation to market demands. Their activity stabilizing at 53.0% reinforces the positive sentiment in infrastructure and construction, backed by the steady crude throughput mentioned in “India’s crude throughput remains stable in January.”
Conversely, Rashmi Metaliks Kharagpur delivered an impressive peak activity level of 96.0% in January 2026. The plant’s operation predominantly employs BF and DRI technologies, serving industries requiring both crude and finished steel components. This dramatic rise in activity may further signify a demand spurred by stable agricultural conditions, as highlighted in recent news.
For steel procurement professionals, it’s recommended to consider adding to inventories in anticipation of rising production demands driven by agricultural sectors linked to fertilizer usage. The current positive market dynamics, notably in Chhattisgarh and West Bengal where major production plants are situated, suggest a timely window for securing contracts. Close monitoring of JSW Ispat Special Products Raipur’s ongoing operational success and purchasing from Rashmi Metaliks could offer competitive advantages in upcoming procurement phases.