India

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Jindal India invests $179 million in capacity expansion

The new production lines are expected to be fully operational by FY2025/2026

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India increased imports of Chinese rolled products to a seven-year high in April-August

Imports of rolled products for the period amounted to 3.7 million tons

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Tata Steel expands steel capacity in Odisha

Indian steel producer has announced that it has commissioned the largest blast furnace in the country

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DRI production in India has grown by 8% over the past 5 years

Production increased from 34.7 million tons to 51.5 million tons. At the same time, by 2030, this indicator is likely to exceed 75 million tons

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India needs more than $280 billion in investment to decarbonise its steel industry

The plans will focus on increasing the integration of renewable energy sources in the industry

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India has extended countervailing duties on pipes from China and Vietnam

The safeguard measure for these products will remain in effect for another five years

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India to formulate green steel policy

The country will also consider state procurement of such steel products

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India considers alternative markets amid CBAM implementation

Africa, Latin America and the Middle East are being studied as potential destinations

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India’s steel ministry has called for an investigation into steel imports from China and Vietnam

The agency made a corresponding request to the Ministry of Trade

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India criticizes EU proposal for carbon tax for its industry

The country considers this plan unacceptable and harmful to its economic interests

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India’s steel production will exceed 300 million tons by 2030 – forecast

Current demand for steel in the country remains strong thanks to infrastructure support from the government

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Indian steelmakers call for measures against rising steel imports

The increase in import volumes poses a threat to investments in capacity expansion

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