[India steel, cement emissions up 8% as power-sector CO2 flatlines for two years]

Published: Sep 16, 2026 23:05

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India's steel and cement emissions rose 8% y-o-y in H1 2026, together taking a 23% share of national CO2, even as power-sector emissions flatlined for a second year. Crude steel output grew 8% and cement 9%, aided by real-estate investment; steel consumption outpaced output, drawing down inventories, while margins stayed squeezed by costly imported coking coal and Hormuz-related freight. Clean energy covered all of the 7% (63TWh) rise in power demand over two years; coal-fired output was flat for the first time in over 50 years. To secure feedstock, India notified coking coal as a critical and strategic mineral in January, and miners and steelmakers plan new washeries for domestic blending. Jindal Steel already uses gasification syngas in steelmaking; India also targets 100 million tonnes of coal gasification capacity within four years.

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