India is on the right path to becoming a global steel player, according to the Indian Steel Association. The country has transformed into a net exporter of steel this year, with its production quality becoming competitive on the global stage.
India's steel output has been steadily increasing, and it stands out as the only major steel-producing nation to experience growth amidst declines in other countries. This trend reflects India's commitment to enhancing its steel industry and solidifying its position in the global market.
Citations:
[1] https://www.hellenicshippingnews.com/india-on-right-path-to-becoming-global-steel-player-steel-association/
[2] https://www.ibef.org/industry/steel-presentation
[3] https://indsteel.org/members
[4] https://www.manufacturingtodayindia.com/indias-steel-production-surges-by-11-4-signaling-global-resilience/
[5] https://timesofindia.indiatimes.com/business/india-business/india-only-country-among-top-5-largest-steel-producers-in-world-to-see-growth-in-production-china-us-see-decline/articleshow/110353376.cms