Category: India
India news: economy, technology, politics, and regional developments influencing global trends.
Global Direct-Reduced Iron Production Hits 140.8 Million Metric Tons in 2024
Global direct-reduced iron production surged to 140.8 MMT in 2024, led by India and powered by Midrex plants.
India’s Green Steel Demand to Hit 4.5 Million Tons by 2030
India’s green steel demand will hit 4.5M tons by 2030, driven by construction and EV sectors. Hydrogen is key.
BHP Iron Ore Profit Drops Amid Flattening Demand and Rising Supply
BHP’s iron ore profits fall as China’s demand flattens and new global supply risks pushing prices lower.
CBAM Creates Opportunity for India to Export Green Steel to EU
JSW Steel says CBAM offers India a path to green steel exports, but SMEs face challenges in compliance.
India Advances Green Steel Certification to Boost Sustainable Production
India accelerates green steel certification with 39 producers applying under new taxonomy for lower carbon emissions.
Global Steel Output Drops Sharply Year-on-Year
Steel output fell 5.8% in June, driven by China’s downturn—India and U.S. see opportunity.
India Ferrous Scrap Imports Face Cheaper Metallics Threat in 2025
India’s ferrous scrap imports face pressure from cheaper metallics like DRI, challenging growth despite rising steel…
Jindal India Steel Plant Approval Marks $420M Investment in Odisha
Jindal India Steel secures $420M approval for a cutting-edge Odisha plant boosting steel production by 2027.
India’s Steel Industry Set to Reach 205 Million Tons in 2025 Amid Strong Growth and Trade Challenges
India’s steel production capacity surges to 205 million tons in 2025, driven by infrastructure growth and rising demand.
PTC Industries and Odisha to Develop Aerospace-Grade Titanium Sponge Facility
PTC Industries and Odisha partner to build aerospace-grade titanium sponge facility. India aims to reduce import reliance.
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