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Photo – Indian steelmakers are concerned about the rise in rolled steel imports from China
Indian steelmakers are concerned about the rise in rolled steel imports from China

Hot-rolled coils accounted for the majority of imports from China

Photo – India is capable of sustaining strong demand for steel – Tata Steel CFO
India is capable of sustaining strong demand for steel – Tata Steel CFO

The company's strategy is to increase its share of the domestic market in selected segments

Photo – India to increase stainless steel scrap imports by 7% y/y in FY2025/2026
India to increase stainless steel scrap imports by 7% y/y in FY2025/2026

The United States remained the largest supplier of this raw material during the period

Photo – JSW Steel is accelerating its capacity expansion in India
JSW Steel is accelerating its capacity expansion in India

The company notes that the European CBAM will not have a significant impact on them

Photo – JSW Steel is investing $2.5 billion in capacity expansion
JSW Steel is investing $2.5 billion in capacity expansion

The investments will take place against the backdrop of an infrastructure boom in India

Photo – India accounts for over 60% of new blast furnace capacity worldwide – GEM
India accounts for over 60% of new blast furnace capacity worldwide – GEM

The global steel industry continues to rely on coal despite decarbonization efforts

Photo – India increased iron ore imports in April by 2.6 times y/y
India increased iron ore imports in April by 2.6 times y/y

Compared to the previous month, the figure decreased by 11%

Photo – Steel exports from India rose by 24.9% y/y in April
Steel exports from India rose by 24.9% y/y in April

Strong domestic demand supported production, but imports grew faster, intensifying competition

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