India - Latest news GMK Center

Indian buyers took a wait-and-see approach, while the Chinese market remained weak

Green hydrogen technology will be crucial to meet this demand

The country will have to deal with emission requirements both domestically and in export markets

An internal carbon tax can reduce this impact

The company cited operational difficulties at two plants

New tariffs (with certain exceptions) will take effect on August 7, with rates reduced for most countries compared to April

The partners plan to increase the capacity of two plants to meet growing demand for electrical steel

39 producers have already applied for the relevant certificates

The country's exporters will face an additional tax burden of 20-35% on supplies to Europe

A significant portion will be allocated to the expansion of the steel plant in Dolvi

India's steel production growth rate has surpassed China and the global market

The country has informed the WTO that it reserves the right to adjust goods and tariff rates