India aims to double steel capacity with lower emissions JSW Steel FY26 crude steel output rises 8% HRC market may hit USD 300 billion JSW Steel quarterly output hit by upgrade work
India is laying out an ambitious new steel roadmap that aims to raise production capacity to 400 million tons by FY 2035-36 while cutting emissions and improving raw material security. The proposed policy estimates around ₹17 trillion in investment, targets steel exports of 20 million tons, and seeks to reduce imported coking coal dependence to 80% from about 90%. It also aims to bring emissions down to 2 tons of CO2 per ton of steel, from about 2.65 tons now. The plan puts the spotlight on gas-based steelmaking, higher scrap usage, and cleaner technologies, signaling India’s push to grow its steel industry without losing sight of sustainability and global competitiveness.
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