वैश्विक इस्पात बाजार में बदलाव, भारत की नजर यूरोपीय इस्पात बाजार पर है।

The current situation in Russia and Ukraine is still complicated and changeable, but even if a truce and a peace agreement can be reached, the sanctions against Russia are expected to last for a long time, and post-war reconstruction and the resumption of infrastructure operations in Ukraine will take time. The tight steel market in Europe and the Middle East and North Africa is expected to continue, and it is necessary to find alternative imported steel.

विदेशों में स्टील की कीमतों में मजबूती के साथ, स्टील निर्यात का लाभ बढ़ा है, जो एक आकर्षक केक है। भारत इस केक को घूर रहा है, रूबल के लिए सक्रिय रूप से प्रयास कर रहा है-रुपया निपटान तंत्र, कम कीमतों पर रूसी तेल संसाधन खरीद रहा है, और औद्योगिक उत्पादों के निर्यात में वृद्धि कर रहा है।

The British "Economic Times" recently published the view of VR Sharma, general manager of India's Jindal Steel Company, that under the background of the Russian-Ukrainian war, India will increase steel exports to the EU and the Middle East and North African countries. Sharma said that international oil prices, sea freight, ferroalloys, special alloys such as nickel and manganese, and more alloys such as niobium and titanium have risen, as have coking coal prices and iron ore, and the production cost of steel has risen by Rs 5,000 per ton. But when exporting to Europe or the Middle East, the price in Europe is much higher than the price in India. For example, the HRC price in Europe on March 6 was 1,200-1,250 per ton, while the Indian domestic market was 950 per ton, a difference of 200-250/t, so the more exports, the more profit. As of March 6, Jindal Steel has received export orders of up to 35 percent -40 percent of the total products, the orders will be supplied until April, and orders for May are being pre-received. Sharma also suggested that India could sign a low oil price deal with Russia to get oil at a 25 percent -30 percent discount per barrel if the ruble-rupee deal starts.

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