India

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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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European CBAM will cost India 0.05% of GDP – analysts

Exports of goods to EU covered by CBAM accounted for 9.91% of India's total exports to the bloc in 2022-23

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India to increase steel production to 152 million tons in FY2024/2025 – forecast

Demand for iron ore in the country will grow by 9% compared to the previous fiscal year

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JSW Steel plans to invest $1 billion in decarbonization of capacities

The company aims to become carbon neutral by 2050 and reduce CO2 emissions by 42% by 2030

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India will import coking coal from Mongolia on a test basis

Thus, the country seeks to diversify the supply of key raw materials

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India increased iron ore exports by 20% y/y in January-June.

In 6 months, Indian mining companies shipped 20.26 million tons of ferrous metals abroad

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Indian government discusses growth of Chinese steel imports

Leading steel companies are calling for an increase in import duties

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