India’s steel strategy must avoid the trap of overcapacity.Global crude steel production today is about ~1.88 billion tonnes, with consumption around ~1.78 billion tonnes—translating to roughly 210–220 kg per capita worldwide. �Steelonthenet +2Developed economies typically stabilise at 200–300 kg per capita, while higher levels (400 kg+) reflect export-heavy industrial structures—not universal demand. �worldsteel.orgIndia, at ~100–120… Continue reading