India Steel Capacity +70% by 2030, Emissions

Press release highlights India's plan to raise crude steel capacity by ~70% to 300 Mt by FY 2030‑31, requiring $105.5 bn investment.
Current steel emissions are about 28% above the global average, posing a major obstacle to meeting climate and green‑steel ambitions.
ARE report ranks Tata Steel, JSW Steel, Jindal Steel and Jindal Stainless, noting Tata Steel’s advanced EAF, hydrogen pilots and disclosures.
New Green Steel Taxonomy and EU CBAM push firms toward verifiable, plant‑level carbon accounting, making bankable low‑emission pathways critical.