India - Latest news GMK Center

The country already applies import quotas on low-ash metallurgical coke, which will expire in December

In particular, the government offered unsecured loans worth $2.3 billion

The country calls the mechanism a tool of protectionism

The plant will supply hydrogen to JSW Steel's DRI facility

Exports of finished steel reached 0.6 million tons, up 44.7% year-on-year

Boosting sales to India and other Asian markets will help offset stagnant demand from China

Export volumes are likely to decline after a strong start to the year

The country's dependence on imports of these products is an obstacle to increasing steel production

Ministry of Steel warns that prices below cost threaten industry expansion

Traders expect restocking in India and China during the fourth quarter

In April-September, volumes amounted to 4.43 million tons

The sector is affected by weak demand, particularly from the construction industry, and falling prices