India - Latest news GMK Center

China is the main supplier of rolled metal to the Indian market

China, Brazil, South Africa and India requested that the topic be included in the COP29 agenda

Chinese supplies to the country in this period increased by 36.7% y/y

The initial investment in the project will amount to 200 billion rupiah

The plant will require investments of $16.6 billion

The package will include subsidies for companies that invest in green technologies

The capacity of the plant is planned at the level of 5 million tons of steel per year

The demand for this raw material in the country will grow due to the increase in steel production

The country's steel industry is vulnerable to trade diversion

The definition of such products is planned in October

The research will consider the role of alternative reducing agents for blast furnaces

Currently, the country faces dumping and unfair pricing