According to the steel-sector release dated 23 October 2026, India was a net importer of finished steel in April–September 2026 on which basis?
Last Updated:
Last Updated:
No introduction is available for this question yet.
Introduction Economy | Net trade status depends on comparing imports and exports using the same unit and period. Explanation India was a net importer in quantity terms. Finished-steel imports were 4.14 million tonnes against exports of 3.55 million tonnes in April–September 2026. Imports exceeded exports by 0.59 million tonnes. The same release reported crude-steel output of 85.1 million tonnes and finished-steel consumption of 85.0 million tonnes. Production, consumption and trade are different measures; do not use domestic production alone to infer net-importer status. Important Notes H1 imports: 4.14 Mt; exports: 3.55 Mt. Net imports: 0.59 Mt. Mt: million tonnes. Source: https://www.pib.gov.in/PressReleasePage.aspx?PRID=2327351
No additional notes are available.
FAQ
Common questions and clear answers for this topic.
Every date of October 2026 has its own page under this topic. Open the date you want and you will get exam-style MCQs with answers and short explanations.
SSC CGL and CHSL, Banking exams like IBPS and SBI, RRB, State PSC and UPSC prelims. Exams held in 2027 usually ask current affairs from the previous six to eight months, so October 2026 is important.
Yes. Every question, option and explanation is given in both Hindi and English, so you can practise in the language of your exam.
Solve one date a day and mark the questions you get wrong. Go back to those on the weekend. At the end of the month, one quick round of all the wrong answers is usually enough.