India - Latest news GMK Center

Due to the growth of steel capacities, the availability of raw materials with a higher iron content remains in question

The company is preparing to become the main supplier of green energy for JSW Steel in the future

In the previous forecast, this estimate was 7-8%

The situation in China will continue to affect the prices of steel products in India

Shipments of raw materials fall for the third month in a row, mainly due to lower demand from China

Last year, the country imported 8.3 million tons of rolled steel, and exported 7.5 million tons

Over the past fiscal year, the division increased steel production by 4% y/y – up to 20.8 million tons

In this way, the country seeks to fight price anomalies in the domestic market

Leading Indian steelmakers plan to invest billions of dollars in significant capacity expansion

The capacity of the steelmaking complex will be 13.2 million tons of steel per year

The country's steelmakers have high sales in the region and carbon-intensive production

New Delhi, together with like-minded countries, intends to insist on limiting EU measures