Steel in India: Checkpoint 1

Quick checkpoint - five questions on steel in india.

Question 1 of 5 Which country is the world's largest steel producer?

Germany India Brazil China

India is second.

Question 2 of 5 Which input is India largely importing for blast furnaces?

Water Limestone Iron ore Coking coal

Good coking coal is scarce in India.

Question 3 of 5 What did JSW Steel acquire through insolvency?

Bhushan Steel Essar Steel Bhushan Power and Steel RINL

Tata Steel bought Bhushan Steel and ArcelorMittal bought Essar.

Question 4 of 5 What is dumping?

Overproducing in a factory Buying too much ore Selling below fair value in another market Throwing away scrap

Anti-dumping duties counter it.

Question 5 of 5 What does the EU's CBAM charge importers for?

Currency swings Labour standards Embedded carbon emissions Late delivery

It affects Indian steel exports.

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