Gadchiroli pitched as Maharashtra’s future green steel hub India set to drive next global steel demand wave Italy crude steel output rises 3.1% in May Green steel progress remains slow worldwide
The AIIFA Sustainable Steel Manufacturers Association, representing over 1,800 members nationwide, has called for comprehensive reforms in standards, sustainability practices, and taxation to strengthen the resilience and global competitiveness of India's steel sector.India’s steel industry has called for key reforms in quality standards, green steel promotion, and GST simplification to strengthen competitiveness and support sustainable growth.
Industry bodies emphasized the need for updated and uniform standards to ensure quality consistency across the supply chain. They also highlighted the importance of encouraging green steel production through incentives, which would align with global climate commitments and expand export opportunities.
In addition, the sector has sought simplification of the GST framework to reduce compliance costs, especially for small and medium producers. According to industry representatives, these reforms will lower costs, improve efficiency, and help position India’s steel industry as a stronger player in global markets.
Also Read : Met Coke Shortages Disrupt India’s Steel Production in H1 2025 Vardhman Group to Set Up ₹2,500 Cr Greenfield Steel Plant in Ludhiana
According to the Union minister Nitin Gadkari, those coal mines in Maharashtra’s Vid...
Announcement 29-Jan-2024
India is planning to build its first commercial crude oil strategic storage as part of efforts to sh...
Oil & Gas 03-Apr-2024
Suryadev Alloys and Power, an integrated steel and power company, has introduced a new line of anti-...
Mid Corporate 13-May-2024
According to a company statement, Japanese automaker Nissan Motor Co Ltd plans to launch three compl...
Automobiles 27-Mar-2024
As former U.S. President Donald Trump reinstates tariffs on steel and aluminium imports, concerns ar...
Business 21-Feb-2025
JSW Steel posted combined crude steel production of 30.14 million tonnes in FY26, marking an 8...
Business 14-Apr-2026