icon

India - Latest news GMK Center

Photo – Steel prices in India remained under pressure in the FY2025/2026 – BigMint
Steel prices in India remained under pressure in the FY2025/2026 – BigMint

At the same time, the country's steel industry showed steady growth in steel production over the period

Photo – JSW Steel and Japan’s JFE Steel are finalizing the establishment of a joint venture
JSW Steel and Japan’s JFE Steel are finalizing the establishment of a joint venture

The Japanese steelmaker has already invested in the acquisition of a 25% stake

Photo – Vale aims to gradually expand its presence in India
Vale aims to gradually expand its presence in India

The company forecasts that steel production in the country will grow faster than iron ore production

Photo – India will fund three pilot hydrogen projects for steel production
India will fund three pilot hydrogen projects for steel production

These initiatives are being implemented as part of the relevant national mission

Photo – India aims to increase imports of raw materials for its steel industry
India aims to increase imports of raw materials for its steel industry

The country will hold talks with Argentina, Indonesia, and Oman in April

Photo – India is set to increase iron ore imports to a seven-year high in the FY2025/2026
India is set to increase iron ore imports to a seven-year high in the FY2025/2026

The increase in imports is due, in particular, to a shortage of high-quality raw materials within the country

Photo – JSW is asking the Indian government to intervene due to a gas shortage for the steel industry
JSW is asking the Indian government to intervene due to a gas shortage for the steel industry

A division of JSW Steel warns of potential disruptions in the production of galvanized products due to a shortage of natural gas and propane

Photo – India’s steel industry is facing a gas supply shortage
India’s steel industry is facing a gas supply shortage

Disruptions in fuel supplies and maritime operations, amid the escalation in the Middle East, have begun to affect companies

Photo – India increased its imports of rolled steel by 36.6% y/y in April-February
India increased its imports of rolled steel by 36.6% y/y in April-February

Imports of finished steel decreased by 37.4% y/y during the period

Photo – India is considering introducing a requirement for green steel in public procurement
India is considering introducing a requirement for green steel in public procurement

Producers are ready to supply such steel products on a large scale under certain conditions

Photo – India could reduce carbon emissions in steel industry by 28% thanks to scrap – ISA
India could reduce carbon emissions in steel industry by 28% thanks to scrap – ISA

This raw material is a practical short-term solution for decarbonization

Photo – Tata Steel to launch new plant in Punjab in March
Tata Steel to launch new plant in Punjab in March

The enterprise will operate with EAF, using scrap metal as raw material

1 2 3 4 5 30