'John Cockerill India claims that the steel market has a regional context that drives unique challenges and different growth and opportunities. Modest growth expected in the global steel demand, mainly driven by infrastructure projects in developing economies. Three mega trends are likely to play a crucial role in the steel sector’s transition pathway to reach net-zero emissions namely green steel, widening the horizons of electrification, produce ever lighter steel grades. A significant part of the future investments will be influenced by these carbon-neutral goals and the increased focus on sustainability.

India is the world’s second largest producer of steel with world’s fastest growing steel industry. The expected CAGR of growth is 10% for India. The opportunities in India are growing demand, India’s competitiveness and policy support.

Growing demand for steel coupled with capacity expansions & revamping of older capacities as well as focus on carbonization play as the...

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