India

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JSW Steel and JFE complete the acquisition of Thyssenkrupp’s electrical steel business in India

Buyers seek to quickly create an integrated system for the production and sale of these products in the country

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India plans $129.4 billion in capital expenditure in FY2025/2026 budget

Government officials did not propose any significant changes to the structure of import duties on various types of steel products

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Indian steelmakers continue to insist on protection from steel imports

The industry hopes for appropriate decisions on duties from the government

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India’s steel ministry requests budget support for decarbonization of the industry

It is about the sum of 150 billion rupiah ($1.74 billion)

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India’s SAIL and JCIL to invest $692 million in electrical steel production

The plant is planned to be commissioned in 2027-2029

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India increased rolled steel imports to a six-year high in April-December

Imports for 9 months of 2024/2025 financial year amounted to 7.27 million tons

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Steel demand in India to grow by 8-9% in 2025 – Crisil

Prices for steel products in the country may increase in the event of the introduction of a protective duty on imports

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Tata Steel increased steel production in India by 5% y/y in April-December

The Dutch business increased steel output by 54% year-on-year during this period

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India restricts imports of metallurgical coke to protect domestic producers

The government's decision has raised concerns among leading steel companies

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CBAM could have broad impact on India’s trade – study

Estimates of the impact on steel exports to the EU vary widely

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India increased rolled steel imports to an 8-year high in April-November

During the period, China increased the export of steel products to the country by 22.8% y/y

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