India

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India increased steel exports by 12% y/y in April

Compared to March, these volumes decreased by 2.7% year-on-year

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India imported about 2.8 million tons of iron ore in January-April

JSW Steel became the largest importer in the period

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India considers countermeasures against US steel duties

The country notified the WTO of its intention to impose retaliatory tariffs

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India does not rule out retaliatory measures against the European CBAM

India's exports of steel, aluminum and cement to the EU may face a tariff of 20-35% under the mechanism

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India increased iron ore production to 289 million tons in FY2024/2025

This result is a historical record, surpassing the maximum of the previous financial period

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India introduces certification of low-carbon rolled products

The system is voluntary, and the country aims to certify steel for the processing industry

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India aims to increase steel production to 500 million tons per year

Prime Minister urges steelmakers to strive for zero imports

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AMNS India plans to make 70% of its steel production green by 2027

The company aims to be the first in India to receive three stars in the new environmental classification of steel

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India’s JSW Group plans to invest up to $7 billion in green steel production

The company's products will be exported to Europe

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India is considering a strategy to increase domestic scrap production

Currently, the country covers 25% of its needs for this raw material through imports

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