The top steel exporters to the EU in 2023 were South Korea with around 3.2 mnt, while India came second with export shipments of over 3 mnt.India’s steelmaking emissions intensity, as per government data, is around 2.55 tCO2/tcs (tonne of crude steel), which is much higher compared with South Korea (1.7 tCO2/tcs), Taiwan (1.4 tCO2/tcs), Turkiye (around 1 tCO2/tcs) and even China (2.1 tCO2/tcs).

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