Industry Economics & Competitiveness

Industrial Steam Cost - India

Steam costs are part of the Industry Economics & Competitiveness in India report | Updated on July 6th, 2026

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Steam Price Chart

Steam Cost in India

The chart above illustrates Steam cost assessments, in US Dollar per metric ton (USD/mt), from May 2022 through May 2023, as described below:

  • Steam, LP, contract price, exw: Steam, Low Pressure, India, contract price, exw, formula
  • Steam, MP, contract price, exw: Steam, Medium Pressure, India, contract price, exw, formula
  • Steam, MP, cash cost, on-site: Steam, Medium Pressure, India, cash cost, formula, on-site (typical consumer facility)
  • Steam, HP, cash cost, on-site: Steam, High Pressure, India, cash cost, formula, on-site (typical consumer facility)
  • Steam, HP, contract price, exw: Steam, High Pressure, India, contract price, exw, formula
  • Steam, LP, cash cost, on-site: Steam, Low Pressure, India, cash cost, formula, on-site (typical consumer facility)
  • Steam, LP, cash cost, off-site: Steam, Low Pressure, India, cash cost, formula, off-site (large supplier)
  • Steam, HP, cash cost, off-site: Steam, High Pressure, India, cash cost, formula, off-site (large supplier)
  • Steam, MP, cash cost, off-site: Steam, Medium Pressure, India, cash cost, formula, off-site (large supplier)

In May 2023, the contract price for low-pressure Steam delivered ex-works in India reached 24.70 USD per metric ton, representing a 16.04% increase compared to April 2023. When looking at the broader 12-month trend, low-pressure Steam prices in India have declined by 23.35% from May 2022 to May 2023. During May 2023, medium-pressure Steam commanded a contract price of 25.90 USD per metric ton on an ex-works basis in India, up 16.04% from the previous month. Examining the year-long performance, medium-pressure Steam prices in India have experienced a cumulative decrease of 23.60% over the 12-month period. The on-site cash cost for generating medium-pressure Steam in India stood at 27.30 USD per metric ton in May 2023, marking a 15.03% rise from April 2023. Throughout the past year, the on-site cash cost for medium-pressure Steam production in India has fallen by 22.69%. High-pressure Steam produced on-site in India cost 29.60 USD per metric ton in May 2023, reflecting a 15.22% increase from the preceding month. Over the 12-month period, the on-site cash cost for high-pressure Steam in India has decreased by 22.92%.

The figures shown are illustrative and represent a historical sample from Intratec Industry Economics & Competitiveness. For up-to-date monthly competitiveness benchmarks and industrial cost data across 33 countries, subscribe to Intratec Industry Economics & Competitiveness.

Other Utility Costs

Steam is one of 10 industrial utilities priced monthly — reference data for cost analysis, project evaluation, and competitiveness studies

10 Utilities Priced Monthly

Steam, hydrogen, oxygen, nitrogen, and 6 other key process utilities.

Forward-Looking Series

Short-term forecasts on selected utilities.

10-Year Monthly History

A decade of monthly data for trend analysis and modeling.

Beyond Utility Costs

Industrial utility costs are part of the Industry Economics & Competitiveness subscription — a monthly program benchmarking commodities manufacturing competitiveness across 33 countries.

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33 Key Countries

Country-by-country monthly reports covering major industrial hubs — USA, China, Germany, Japan, Brazil, India, and more.

7 Industries Covered

Industry-specific rankings across olefins, aromatics, alcohols & organic acids, polymers, fertilizers, inorganic chemicals, and metals.

Reference Datasets

Country-level datasets for estimating individual cost items — labor, utility costs, plant construction costs, and location factors.

Monthly Updates

Fresh data every month, always reflecting the most recent period available, with short-term forecasts on selected series.

Frequently Asked Questions

Monthly Steam assessments for India are part of the Industrial Utility Costs dataset, included on Advanced and Ultimate plans. Steam sits alongside 9 other industrial utilities — carbon monoxide, chilled water, compressed air, cooling water, demineralized water, hydrogen, nitrogen gas, oxygen and process water — each tracked on the same monthly basis.

Every month, on the 3rd business day, for Advanced and Ultimate subscribers. Each release covers the most recent period available at the time of publication.

As a monthly PDF report, with download and print enabled on Advanced and Ultimate plans. The same data is available through the Excel Add-In, Power BI connector, and REST Web API for direct integration into spreadsheets, dashboards, or models.

About Steam

Steam is a versatile utility widely used in process industries for heating, power generation, and driving mechanical equipment. It serves as a key energy source, transferring heat to various processes and driving turbines and compressors.