India - Latest news GMK Center

The enterprise will produce 750 thousand tons of steel per year

Last December, the export of rolled products and semi-finished products fell by 40% y/y

The country will also express concerns about the EU-proposed CBAM

In December, steel imports into the country increased to a 3-year high – by 65% ​​y/y

The import of coking coal meets about 85% of the country's annual needs

Indian rolled steel export unlikely to return to FY2020/2021 levels

According to forecasts, the country's steel industry will grow almost twice by 2030

India plans to increase coking coal processing capacity to 300 million tons per year

Exporters from India, Turkiye and the Russian Federation are more active in the MENA market

During the 8 months of t2022 financial year, the country increased the import of rolled steel by 22.5% y/

Export benefits will be applied until September 30, 2023

About 72% of steelmaking facilities under construction in the world are blast furnaces