During her presentation about the prospects for Indian and Asin steel markets during the second session of the Steelorbis 2025 Fall 2025 conference and the 93rd Irepas meeting held in Munich on September 28-30, Anastasiia Kononenko, the head of the ASIA Market Intelgence at Streelorbis, focused on the growth of production, “extinction”, “effects and imported-port” (1st refort-port. August of this year, at the same time, 13.4 million tons of production and 13.5 million tons of consumption of steel in the country have grown by 11.5 percent in 2024-25 in the financial year (from April 1, 2024 to March 31, 2025), while long-term forecasts suggest six percent of the annual growth rates until 2030. She added that the growth was very stable over the past five years, and so far all the signs indicate that it will continue.
relative to the growth rate of raw steel, which is faster than the increase in demand, Ms. Kononenko said that in 2024-25 the speed of growing raw steel potentials in India was the fastest in the last 10 years No less, Greenfield projects continue to face problems, especially when acquiring land, she noted that out of 95 million tons of planned new capacities for the next five years, only eight percent have been approved by the relatively complete implementation, despite its rapid growth, it emphasized that the growth of production was justified and remains in accordance with the trends in the trends. consumption.
Despite the introduction of 50 percent of the tariffs on steel imports, the direct impact on Indian mills remains limited, mainly affecting the export of pig farming in the United States, which is about 10 percent of the general export of steel in India. The market and the Middle East, the Steelorbis official noted that the country will be one of the EU CBAM countries.
. in a row, she said that in April 2025, the Indian government introduced a 12 percent warranty fee for products with flat steel, recommended for three years, which is considered more effective than previous measures, which reduced the monthly
