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Photo – India sets emission targets for the steel sector
India sets emission targets for the steel sector

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

Photo – India may halve steel imports in 2025 due to safeguard measures
India may halve steel imports in 2025 due to safeguard measures

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

Photo – JSW Steel to allocate $2 billion for decarbonization
JSW Steel to allocate $2 billion for decarbonization

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

Photo – India remains a net importer of rolled steel products despite slowdown in supplies
India remains a net importer of rolled steel products despite slowdown in supplies

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

Photo – India considers increasing protective duty on steel imports to 24%
India considers increasing protective duty on steel imports to 24%

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

Photo – India prioritizes local steel for government projects
India prioritizes local steel for government projects

The country has introduced a «melted and poured» rule for government-funded projects

Photo – AMNS India to receive $3.3 billion in incentives from Andhra Pradesh
AMNS India to receive $3.3 billion in incentives from Andhra Pradesh

The support is for 20 years and covers the first stage of construction of the company's steel plant in the region

Photo – Tariff war: the first major agreement and the EU’s push
Tariff war: the first major agreement and the EU’s push

In May, the US signed a trade deal with Britain, Trump promised and postponed 50 percent tariffs for the EU

Photo – India’s JSW Steel launches its own low-emission steel brand
India’s JSW Steel launches its own low-emission steel brand

This portfolio allows customers to purchase steel with verified emission reduction certificates

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

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

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