Indian steel sector adapts to EU green production rules
pre-market1 source ↓written by the desknot a recommendation
- steel consumption reached
- 163.7 million tonnes
The Indian steel industry is transforming as the EU's Carbon Border Adjustment Mechanism (CBAM) pressures producers to lower carbon emissions. In FY26, domestic steel consumption reached 163.7 million tonnes, supporting ongoing infrastructure projects. This shift may impact exporters' access to European markets if modernization efforts lag behind.
Not investment advice. For informational purposes only.