Indian Steel Industry Faces Challenges Amid Surging Imports and Declining Exports
Indian steelmakers are grappling with a surge of cheap steel imports, which has turned India into a net steel importer in the first quarter of FY25 (April to June)…
Indian steelmakers are grappling with a surge of cheap steel imports, which has turned India into a net steel importer in the first quarter of FY25 (April to June)…
India has surpassed China to become the world’s leading developer of steel, with a pipeline capacity of 258 million tonnes per annum (mtpa), according to a recent report by Global Energy Monitor (GEM)…
India’s increasing dependence on imported coking coal has led the government to seek to diversify its sources, including exploring imports from Mongolia in a broader strategy to avoid over-reliance on any single country…
The German government, led by Chancellor Olaf Scholz’s coalition, has confirmed it will not advance its coal phase-out deadline from 2038 to 2030, despite previous intentions signaled by the coalition partners…
In an attempt to bolster U.S. steel production and reduce dependency on foreign steel, President Joe Biden has imposed new restrictions on steel imports from Mexico…