India - Latest news GMK Center

The first phase of the project will be completed by 2026

The government is looking to give steel producers an extra push to build capacity

Chinese supplies of metal products to the country reached a 5-year high

The investment will include the development of a project for the production of green hydrogen

The country seeks to provide a mechanism for resolving these issues in a free trade agreement

China falls out of the general trend, where ferrochrome prices stabilized at $1158-1185/t on the domestic market

The Indian government is also seeking to increase domestic production of this raw material

At the same time, the country's producers consider it necessary to study the barriers to cheap imports

During the month, the country imported 570,000 tons of steel, which is 4% less compared to October 2022

A country can oppose the mechanism or work with it within the framework of its own initiatives

Existing steel and cement plants will require $627 billion of additional funds

Vedanta is reviewing its strategic priorities as part of its capital allocation discussions