India - Latest news GMK Center

The country is taking steps to reduce carbon emissions in industry

This acquisition will expand the company's processing capabilities and product portfolio

In the 4th quarter of the 2022-2023 financial year, the production of unrefined steel increased by 12% y/y

Shipments to the country are growing due to a slowdown in other key markets

In the fourth quarter of the last fiscal year, the company increased steel production by 5.1% y/y

Export volumes of rolled products decreased by 50.2% y/y

The European market is breaking out of the general trend due to limited supply

In the 11 months of the 2022/2023 financial year, exports of Indian rolled products fell by 52% y/y

In the 2021/2022 financial year, China imported 21 million tons of Indian iron ore and iron ore concentrate

The company recently acquired a coking coal deposit in the Indian state of Jharkhand, the reserves of which are estimated at 1 billion tons

The profile ministry monitors the prices of steel and raw materials