Tel :
Tel :
Officials from India's Ministry of Steel stated on Tuesday, December 30, that as the country enters the final phase of achieving its 2030 target of 300 million tons of steelmaking capacity, the government will implement policy measures over the coming year to prioritize increased steel production and ensure raw material security. B35A360 Non oriented electrical steel, The officials added that, alongside capacity expansion, government policy will also focus on the adoption of low-carbon technologies, the development of green steel production capabilities, and the manufacturing of specialty and high-grade steel products to meet the growing demand from both domestic industries and export markets.
However, he simultaneously noted that the steel industry is preparing for challenges likely to persist into 2025—including rising imports, volatile raw material prices, and global trade uncertainties. B35A360 Non oriented electrical steel, Although India has already implemented safeguard measures and anti-dumping duties on flat steel products originating from countries such as China and Vietnam, imports from Asian markets remain a key area of concern for domestic producers. Furthermore, the official stated that the Ministry of Steel is working to bolster the security of raw material supplies; India is currently exploring new coking coal resources and promoting supply diversification through cooperation with resource-rich nations.
