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Photo – Jindal India has launched a new steel plant in West Bengal worth $169 million
Jindal India has launched a new steel plant in West Bengal worth $169 million

The investment has increased the company's capacity by 60% and will boost the production of rolled products and pipes

Photo – Jindal Steel has commissioned a new oxygen converter with a capacity of 3 million tons per year
Jindal Steel has commissioned a new oxygen converter with a capacity of 3 million tons per year

The company is increasing the annual steel production capacity at its Anguli steel plant to 9 million tons

Photo – Jindal Steel has commissioned a blast furnace with a capacity of 5 million tons per year
Jindal Steel has commissioned a blast furnace with a capacity of 5 million tons per year

Pig iron production capacity in Angul will increase to 9 million tons per year

Photo – India’s Supreme Court approves JSW Steel’s acquisition of Bhushan Power and Steel
India’s Supreme Court approves JSW Steel’s acquisition of Bhushan Power and Steel

The court overturned its previous decision to reject the deal

Photo – India increased steel exports by 22% y/y in April-August
India increased steel exports by 22% y/y in April-August

The EU was the largest export destination during this period

Photo – India plans five-year anti-dumping duty on Chinese electrical steel
India plans five-year anti-dumping duty on Chinese electrical steel

DGTR recommends protecting Indian manufacturers from cheap imports of cold-rolled electrical steel from China

Photo – Acquisition of Thyssenkrupp division could help Jindal Steel with European CBAM
Acquisition of Thyssenkrupp division could help Jindal Steel with European CBAM

Hypothetical European asset could offer a number of other advantages

Photo – CBAM will affect steel exports from India much more than US tariffs – minister
CBAM will affect steel exports from India much more than US tariffs – minister

Government working on scheme to promote clean technologies in steel industry

Photo – India’s coking coal imports will grow to 115 million tons by 2030 – EY Parthenon
India’s coking coal imports will grow to 115 million tons by 2030 – EY Parthenon

Despite efforts to increase self-sufficiency, the country will remain the second-largest importer after China

Photo – India plans to introduce a 30% export duty on low-grade iron ore
India plans to introduce a 30% export duty on low-grade iron ore

The country seeks to secure raw materials for local metallurgists and lower prices

Photo – Investments in infrastructure will support additional demand for steel in India, – minister
Investments in infrastructure will support additional demand for steel in India, – minister

The country aims to achieve higher per capita steel consumption

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