India - Latest news GMK Center

India's steel production growth rate has surpassed China and the global market

The country has informed the WTO that it reserves the right to adjust goods and tariff rates

The plant will produce steel products with special coatings

Some traders may have claimed tax credits without any actual movement of raw materials

The country's government began the transformation by establishing a legal and regulatory framework

The parties already have examples of industrial cooperation

Indian exports of rolled steel fell by 18.1% y-o-y during the same period

The country's relevant agency has published a draft of the corresponding regulations

The government has not yet decided whether to impose a higher safeguard duty on imports of steel products than the current 12%

One of the largest steel producers in India plans to reduce CO2 emissions by 42% by 2030

In April, imports of steel products decreased by 11.3% y/y, but volumes are still 144 thousand tons higher than exports

The authorities have received complaints about attempts by Chinese exporters to circumvent the current safeguard measure