India

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Indian producers are demanding an anti-dumping duty on coke imports

The current utilization of internal capacities is about 30%

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India increased steel imports by 33% y/y in January 2023

For 10 months of the 2022/2023 financial year, the import of rolled steel increased by 28% y/y

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Prices for ferroalloys in Europe increased in early February 2023

Indian producers of ferrochrome are seeing good demand from European countries

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Tata Steel made a loss of $268.9 million in the third quarter of the 2022/2023 financial year

Activity in Europe was affected by energy prices and recession concerns

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India increased steel exports by 33% m/m in January 2023

Recovery of global steel prices and abolition of 15% export duty boosted export orders from India

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India to increase the share of scrap in steel production to 50% by 2047

Gradually, the country will increase the import of scrap metal, becoming the world's largest importer of such raw materials

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Australian coking coal prices continue to rise

Market reports indicate potential interest from Chinese buyers

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Opening China’s economy will help Indian steelmakers

Rise in import prices will increase the production of steel makers in India

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Tata Steel starts plant construction with EAF in India

The enterprise will produce 750 thousand tons of steel per year

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India has reduced steel exports by 43% y/y in 2022

Last December, the export of rolled products and semi-finished products fell by 40% y/y

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India will seek easing of EU steel import quotas and tariffs

The country will also express concerns about the EU-proposed CBAM

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India reduced steel exports by 45% y/y in December 2022

In December, steel imports into the country increased to a 3-year high – by 65% ​​y/y

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