The European Commission proposed on Tuesday a 50% tariff on steel above a lowered annual import limit, in a bid to reinvigorate the bloc’s ailing metals sector and ward off similar US duties on EU steel exports.

The investment has increased the company's capacity by 60% and will boost the production of rolled products and pipes

In the first half of the current fiscal year, this figure grew by 3% year-on-year

The court overturned its previous decision to reject the deal

World crude steel production for the 70 countries reporting to the World Steel Association (worldsteel) was 145.3 million tonnes (Mt) in August 2025, a 0.3% increase compared to August 2024.

Demand for green steel in India will reach 4.49 million tons by 2030.

World crude steel production for the 70 countries reporting to the World Steel Association (worldsteel) was 150.1 million tonnes (Mt) in July 2025, a 1.3% decrease compared to July 2024.

The CRGO processing center is part of TTDI's initiative to establish a manufacturing footprint in lndia and an export hub for the transmission and distribution business, it said.