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Photo – India is capable of sustaining strong demand for steel – Tata Steel CFO
India is capable of sustaining strong demand for steel – Tata Steel CFO

The company's strategy is to increase its share of the domestic market in selected segments

Photo – India to increase stainless steel scrap imports by 7% y/y in FY2025/2026
India to increase stainless steel scrap imports by 7% y/y in FY2025/2026

The United States remained the largest supplier of this raw material during the period

Photo – JSW Steel is accelerating its capacity expansion in India
JSW Steel is accelerating its capacity expansion in India

The company notes that the European CBAM will not have a significant impact on them

Photo – JSW Steel is investing $2.5 billion in capacity expansion
JSW Steel is investing $2.5 billion in capacity expansion

The investments will take place against the backdrop of an infrastructure boom in India

Photo – India accounts for over 60% of new blast furnace capacity worldwide – GEM
India accounts for over 60% of new blast furnace capacity worldwide – GEM

The global steel industry continues to rely on coal despite decarbonization efforts

Photo – India increased iron ore imports in April by 2.6 times y/y
India increased iron ore imports in April by 2.6 times y/y

Compared to the previous month, the figure decreased by 11%

Photo – Steel exports from India rose by 24.9% y/y in April
Steel exports from India rose by 24.9% y/y in April

Strong domestic demand supported production, but imports grew faster, intensifying competition

Photo – Jindal Steel set new production records in fiscal year 2026
Jindal Steel set new production records in fiscal year 2026

The main factor was the commissioning of two converters, each with a capacity of 3 million tons per year

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