The Indian Steel Industry is a vital sector of the economy. It contributes significantly to industrial growth. India ranks among the top producers of steel globally. The industry supports infrastructure development and job creation. Major players include Tata Steel and JSW Steel. The sector faces challenges like global competition and environmental concerns. Sustainable practices are increasingly important for its future.
As 2026 begins, Indian steelmakers confront a new trade reality: Europe’s Carbon Border Adjustment Mechanism (CBAM) has moved from reporting to enforcement, attaching explicit carbon costs to steel,...
