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Photo – Demand for steel in India will grow by 8% in FY2025/2026 – ICRA
Demand for steel in India will grow by 8% in FY2025/2026 – ICRA

The operating margin of the steel sector will remain largely unchanged during this period

Photo – The Indian government will increase its focus on steel industry and raw material security
The Indian government will increase its focus on steel industry and raw material security

The country offers incentives for the production of high-quality and special steel

Photo – India increased steel exports by 31% y/y in April-November
India increased steel exports by 31% y/y in April-November

Imports of steel products fell by 13% during the period in question

Photo – Iron ore exports from India rose by 27% m/m in November
Iron ore exports from India rose by 27% m/m in November

Strong demand from China and rising prices supported shipments of ore and pellets

Photo – Fitch Ratings expects global steel market to recover in 2026
Fitch Ratings expects global steel market to recover in 2026

The agency forecasts a 4.5% decline in steel production in China next year

Photo – India has imposed anti-dumping duties on imports of Chinese electrical steel
India has imposed anti-dumping duties on imports of Chinese electrical steel

The duty of $223.82/ton will be in effect for 5 years

Photo – AMNS India plans to triple its steel production capacity by 2030
AMNS India plans to triple its steel production capacity by 2030

The plans underscore the company's confidence in domestic demand for steel

Photo – Tata Steel has signed an agreement to acquire 50.01% of pellet producer Thriveni Pellets
Tata Steel has signed an agreement to acquire 50.01% of pellet producer Thriveni Pellets

The controlling stake is valued at $69.34 million, strengthening access to raw materials and market position for rolled products

Photo – India to increase iron ore imports to multi-year high in 2025 – BigMint
India to increase iron ore imports to multi-year high in 2025 – BigMint

Limited domestic supply leads to a significant increase in imports

Photo – Indian steel exports to the EU could decline significantly after the launch of CBAM
Indian steel exports to the EU could decline significantly after the launch of CBAM

The introduction of carbon tariffs on January 1 will force Indian steel mills to reorient their supplies

Photo – JFE Steel to establish joint venture with India’s JSW worth $3.4 billion
JFE Steel to establish joint venture with India’s JSW worth $3.4 billion

The newly formed division will include the plant of JSW's subsidiary in Odisha

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