About the conference

7th India International DRI Summit 2026 | Navigating the Sustainable Growth of Indian Steel Industry

Steel has played a pivotal role in driving India’s economic growth, contributing significantly to the country’s GDP. The outlook for the Indian steel industry remains strong, driven by rising demand in key sectors such as infrastructure development, automotive manufacturing, and construction. In parallel, India’s Direct Reduced Iron (DRI) capacity is also on the rise.   
The DRI sector is projected to grow at a compound annual growth rate (CAGR) of 6% by 2030, with expected annual production reaching between 65 to 70 million tonnes by FY’30. As DRI capacity expands and production technologies improve, India is well-positioned to capitalize fast emerging requirements of metallics.   
The global scrap market is constantly evolving, influenced by geopolitical shifts, trade policies, and environmental regulations, opening new avenues for Indian mills to import scrap from diverse sources. As India increases its steel scrap imports, it strengthens its potential to become a dominant force in the global steel industry. DRI and steel scrap together will fuel the Indian steel production.
 
The Challenge of Sustainability
While the Indian steel industry is poised for significant growth, it must also address the critical challenge of sustainability. Reducing carbon emissions and transitioning to a greener production model are paramount for the long-term success of the sector.

About the Organiser 
Sponge Iron Manufacturers Association 
India took its first significant step towards economic liberalization in 1991. At that time, the country's economy was undergoing a radical transformation. In response to this changing landscape, the Sponge Iron Manufacturers Association (SIMA) was established and began its operations on 11th February 1992. SIMA's primary objective is to serve as a platform for the exchange of knowledge, experiences and growth-related insights within the industry. 

One of SIMA's key roles is to provide a forum for reviewing the industry's smooth functioning in relation to Government policies, global developments and market feasibilities. As an apex body, SIMA also acts as an interface with the Government, advocating for and safeguarding the ever-growing needs of the industry in a rapidly evolving business environment.
Furthermore, SIMA is committed to maintaining an up-to-date database from both national and global perspectives. This ensures that its members are well informed about growth possibilities and prospects, enabling them to make informed decisions.

In summary, SIMA plays a crucial role in facilitating the growth and development of the sponge iron manufacturing industry in India. By fostering knowledge exchange, advocating for industry needs, and providing valuable insights, SIMA contributes to the industry's success in an increasingly competitive global market.

Knowledge & Marketing Partner - BigMint
BigMint  is a trusted platform for price reporting, market intelligence and consulting for commodities. We enable our clients to take critical market decisions by providing a robust platform for pricing, data and networking. This keeps them at the forefront of the industry. We also provide networking and business platforms by organising conferences cutting across sectors and in different corners of the globe to enable stakeholders to come together and share their ideas, knowledge and exhibit products and services among their peers.  

BigMint Events, formerly SteelMint Events, is a powerhouse in connecting all the stakeholders in the commodities space. Since 2014, we have hosted over 35 industry-shaping conferences worldwide, engaging over 15,000 participants. We bring together a diverse range of thought leaders including producers, buyers, sellers, and solution providers, fostering knowledge exchange and building a dynamic networking platform for professionals across the commodity landscape.