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| India UAE Green Steel |
India and the United Arab Emirates are intensifying cooperation in green steel production and sustainable industrial growth. This collaboration, highlighted during talks between Indian Steel Minister H.D. Kumarswamy and UAE Economy Minister Abdullah bin Took Al Marri, focuses on securing raw materials and promoting energy-efficient steel production systems.
Strengthening Green Steel Production Between India and UAE
The India-UAE partnership aims to support India’s ambitious steel production target of 300 million tons by 2030. The UAE's strategic role includes providing critical raw materials and expertise to advance green steel technologies. State-owned steelmaker SAIL already sources limestone from the UAE’s Stevin Rock LLC and is considering expanding long-term industrial ties. Meanwhile, NMDC, India’s leading iron ore producer, pursues collaborative mining value chain development with UAE companies.
Industrial Growth and Market Expansion Opportunities
Both countries seek to leverage their growing trade relations by boosting high-quality steel supply chains for automotive and infrastructure sectors. Indian steel producers are opening offices in Dubai to strengthen commercial links. As a result, the partnership could significantly impact the regional steel market and promote sustainable industrial practices aligned with global decarbonization goals.
ScrapInsight Commentary
India and the UAE’s green steel cooperation marks a pivotal shift toward decarbonized steel production and circular economy principles. This strategic alliance may lower raw material costs and enhance supply security, potentially stabilizing scrap metal demand and prices in the region. Ongoing collaboration could set a benchmark for sustainable metal supply chains worldwide.
