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 Indian steel industry 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 Rohan Somwanshi, Managing Editor for Asia Metals News, Agamoni Ghosh, Managing Editor of the Global Compliance Carbon markets and Paul Bartholomew, Senior Metals Analyst to discuss.
Related content: How is Europe’s steel industry rising to the challenge of energy transition
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:
Why sulfur markets face an upside risk from the energy transition
Navigating the new and old: what lies ahead on India’s energy transition map?
Deconstructing the European carbon market's price slump
What lies ahead for climate policy after COP28
It's blue-sky thinking for sustainable aviation fuel markets
Trash to Treasure: The role of UCO and POME in energy transition
Emerging battery technologies: Alternative long-term energy storage solutions on the rise
COP28 is a pivotal moment for carbon markets: can countries move forward on Article 6?
Emerging battery technologies: Will sodium-ion batteries be a low-cost game changer?
American steelmakers lead in clean production amid global decarbonization efforts
Carbon credits seek to regain credibility amid growing scrutiny
Unpacking Big Oil’s risky bet on German offshore wind
Renewable natural gas is headed for the moon
How is Europe’s steel industry rising to the challenge of energy transition
Battery metals wanted: The US' race to decarbonize (part 2)
Battery metals wanted: The US' race to decarbonize (part 1)
PPAs as a key driver to meet Europe's climate targets
Wild West or emerging market? Certified natural gas gains steam in the US
Black Mass: battery recycling to play a critical role in EVs globally
Create your
podcast in
minutes
It is Free
Pharmacy Podcast Network
Sarah Westall - Business Game Changers
Børsen Morgenbriefing
Startitup podcasty
Wall Street Breakfast