India - Latest news GMK Center

Delays in budget financing boosted rolled steel exports

European steelmakers call for a level playing field and protection of strategic industries in negotiations with India

Domestic production is recovering in China, while India is weighing the impact of possible tariffs on coke imports

In April, the country implemented a temporary protective measure, which expired in November

South Korea became the largest supplier during this period

Demand for high-quality raw materials is growing due to limited domestic supplies and expansion of blast furnace capacity

Among other things, this momentum is supported by the pace of urbanization and government capital investments

The company intends to double its steel production capacity at the plant

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