Sitharaman invites World Steel Association to open India office

FM invites Worldsteel to open India office, says carbon tariffs won’t solve steel surplus

Nirmala Sitharaman urged the World Steel Association to establish a local base amid rising domestic demand, warning that unilateral tools like the EU's CBAM only redirect excess global capacity without fixing overproduction.

Sitharaman Invites Worldsteel to Open Office in India as Steel Demand Shifts

Get latest articles and stories on Business at LatestLY. Union Finance Minister Nirmala Sitharaman on Monday invited the World Steel Association (Worldsteel) to consider opening an office in India, citing the country's growing importance in global steel demand and its expanding production capacity. Business News | Sitharaman Invites Worldsteel to Open Office in India as Steel Demand Shifts.

Sitharaman invites World Steel Association to open India office

India’s rising steel production and infrastructure-led consumption are strengthening its role in the global industry, even as worldwide capacity pressures persist

FM Sitharaman invites Worldsteel to open office in India

NEW DELHI: Union Finance Minister Smt. Nirmala Sitharaman on Monday invited the World Steel Association (Worldsteel) to consider opening an office in India, citing the country’s growing importance in global steel demand and its expanding production capacity. Addressing the World Steel Association’s General Assembly in New Delhi, Sitharaman said India had emerged as a major […]