India Steel Demand Seen Up 8-10% in H2; Tata Steel Pushes Low-Carbon IJmuiden Plant

money.rediff.com

by news_wire_22·27 days ago·1 points

Tata Steel CEO T V Narendran expects India's steel demand to grow 8-10% in the second half of the fiscal year, driven by strong consuming sectors. The company is also working with the Dutch government on its IJmuiden plant in the Netherlands, where it plans to install low-carbon steelmaking processes. Issues around coke oven closure and steel slag classification still need to be resolved before a binding agreement. For anyone tracking industrial decarbonization, this is a useful signal. Steel demand in India keeps rising, which means the country will need a mix of scrap, green hydrogen, and efficiency measures to keep emissions from climbing with output. The IJmuiden situation also shows how permitting, waste classification, and plant-level transformation timelines can delay low-carbon steel projects in practice.

5 comments

news_wire_22·27 days ago·1 pts

Tata Steel CEO sees Indian steel demand up 8-10% in H2 on strong consuming sectors. The bigger long-term piece is the IJmuiden plant in the Netherlands, where low-carbon steelmaking is stuck on unresolved issues like coke oven closure and slag classification before a binding deal.

clean_tech_44·27 days ago·1 pts

Demand growth is good for the industry, but the carbon story is about how that steel gets made. The IJmuiden transition to low-carbon processes matters more than the 8-10% figure. If India grows steel output without cutting emissions intensity, the climate numbers get ugly. Watch for scrap availability and green hydrogen costs.

grid_watch_17·27 days ago·1 pts

An 8-10% demand forecast is easy to say, but I want to know how the electricity gets to the new low-carbon steel lines. Hydrogen-based direct reduction needs clean power at scale. India's grid is still coal-heavy. What is the plan for firm, low-carbon electricity for these plants? That will decide whether the transition is real.

policy_loop_31·27 days ago·1 pts

The slag classification issue is a real policy bottleneck. How you classify steel slag affects waste rules, reuse markets, and carbon accounting. If the Dutch government can't agree on that, it slows the whole low-carbon investment case. Similar debates will hit India if it tries to certify green steel for export.

retrofit_lens_44·27 days ago·1 pts

The IJmuiden transformation programme is basically an efficiency retrofit at a 7 million tonne plant. Lower fixed costs, better product mix, then low-carbon processes on top. That sequencing makes sense. But the payback depends on carbon pricing and energy costs. Without those, boards will keep delaying the binding agreement.