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Photo – India increased rolled products export by 35% y/y in July
India increased rolled products export by 35% y/y in July

Compared to June 2023, exports increased by 3%

Photo – India’s growth could offset global demand for steel and raw materials
India’s growth could offset global demand for steel and raw materials

The country focuses on the development of infrastructure and expansion of production

Photo – AMNS India in April-June increased steel production by 7.4% y/y
AMNS India in April-June increased steel production by 7.4% y/y

In the first half of 2023, steel production increased by 4.7%

Photo – India seeks to protect steelmakers under free trade agreements
India seeks to protect steelmakers under free trade agreements

The Ministry of Steel considers the condition of «melt and pour» as a countermeasure to transit exports

Photo – JSW Steel increased steel sales by 27% y/y in Q1 2023/2024
JSW Steel increased steel sales by 27% y/y in Q1 2023/2024

The driver of sales growth was the increase in demand for steel in the infrastructure industry

Photo – Indian traders are buying cheaper steel from China
Indian traders are buying cheaper steel from China

Chinese steel products are offered at deep discounts, which is a problem for local producers

Photo – India increased production of coking coal by 10% y/y in June
India increased production of coking coal by 10% y/y in June

Production fell by 5% compared to May 2023

Photo – India to refrain from duties on certain steel products from China – Reuters
India to refrain from duties on certain steel products from China – Reuters

In this way, consumers will be protected, despite the damage to steel producers.

Photo – Steel expansion gains momentum in India
Steel expansion gains momentum in India

Such plans have JSW, Tata Tata Steel, AMNS and the state SAIL

Photo – ArcelorMittal to finance decarbonization projects in India
ArcelorMittal to finance decarbonization projects in India

Investments will come from the XCarb Innovation Fund

Photo – JSW Steel increased steel production by 10% y/y in April-June
JSW Steel increased steel production by 10% y/y in April-June

During the first quarter of the 2023/2024 financial year, the company's Indian plants produced 6.19 million tons of steel

Photo – India increased steel imports from China to a 6-year high in April-May
India increased steel imports from China to a 6-year high in April-May

India's government is considering imposing a countervailing duty on steel imports from China amid a surge in supplies

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