Listen: Decarbonization efforts in India: how ready is the steel industry?

India has an ambitious target to double the steel production capacity by 2030 from current levels. While the steel industry gears up for this expansion, concerns of higher carbon emissions loom large amid India lacking a distinct roadmap for decarbonization and its carbon neutrality target set as far ahead as 2070. At the same time, Europe is gearing up to implement the Carbon Border Adjustment Mechanism (CBAM), which is expected to affect the sources and prices of steel imports.

How is India going to be impacted by CBAM and how is India faring in its decarbonization journey? S&P Global Commodity Insights Senior Editor covering the Asia ferrous metals market, Rituparna Nath spoke with the Managing Editor for Asia Metals News Rohan Somwanshi, Managing Editor of the Global Compliance Carbon markets, Agamoni Ghosh and Senior Metals Analyst Paul Bartholomew to discuss these questions.

Related content:

Podcast: How is Europe’s steel industry rising to the challenge of energy transition

Podcast: American steelmakers lead in clean production amid global decarbonization efforts

We want to hear about your podcast preferences so we can keep improving our shows. Take our podcast survey here and share your thoughts: https://www.surveylegend.com/s/4xyz

More listening options: