Category: Insights

➣ Over the last ten years, the Net Import of coal steadily increased from 143.34 MT in 2012- 13 to 216.54 MT in 2014-15 ➣ This was followed by a marginal decline in 2 successive years but has started increasing and reached to 247.51 MT in 2019-20 ➣ During 2022-23(P), there is a sharp increase […]

The world production of Primary Aluminium Metal during Apr-Feb,2024 was about 65.166 million tonnes against world consumption of 64.588 million tonnes, resulting in a market surplus of 0.578 million tonnes During Jan-Mar, 2024, the world consumption of Primary Aluminium Metal is expected to be 16.954 million tonnes against world production of around 17.600 million tonnes, […]

The year 2030 holds paramount significance for India’s steel industry, with the government ambitiously targeting an increase in installed steel-making capacity to 300 MT – This involves adding approximately 80 MT of steel production capacity, with 66% expected to come from the Blast Furnace-Basic Oxygen Furnace (BF-BOF) route According to the World Steel Association (worldsteel), […]

➣ The Indian cement sector will add 150-160 MTPA capacity in the five years starting this fiscal ➣ Between 2012 and 2023, the installed cement production capacity grew by 61% to 570 MT from 353 MT ➣ Cement consumption in India grew at a considerable CAGR of 5.7% from 2016 to 2022 ➣ As much […]

➢ The majority of the world’s major steel-consuming centres are expected to see below-average economic growth in the near future, which has caused a shift in the global steel trade flows toward rapidly expanding nations like India ➢ After five years, India is expected to become a net importer of finished steel in FY24, with […]

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