Post Views: 438 JSW Steel India Eyes Green Steel Exports as CBAM Reshapes EU Trade The Carbon Border Adjustment Mechanism (CBAM) is opening new doors for India’s green steel exports to the European Union. Saji Samuel, Executive Vice President (Long Products) at JSW Steel, believes that while compliance challenges remain, Indian producers have a unique window of opportunity. In an interview with BigMint, Samuel emphasized that India’s steel sector has only recently entered a major consumption phase, but it must now align with green steel requirements in both domestic and export markets. He highlighted that Indian mills have invested heavily in Basic Oxygen Furnace (BOF) technologies, which typically last 40–45 years. These assets, while efficient, present challenges in rapidly switching to low-emission alternatives. However, Indian producers are now directing capital toward reducing CO₂ intensity across their operations. The shift to green steel is underway, though Samu...


Leave a Reply
You must be logged in to post a comment.