Jindal Steel's Sharma on Outlook for Steel Prices

The video discusses the impact of EU sanctions on Russian steel, leading to a shortage filled by Asian countries like India and Indonesia. Steel prices have risen, affecting margins, but spot market opportunities help. Coal supply shifts from Russia to other countries due to high prices. The video also covers efforts towards carbon neutrality, including converting coal to syngas and exploring green energy solutions.

What are the predictions for coal prices in the near future?

What initiatives are being taken to reduce the carbon footprint in the steel industry?

How does the government plan to convert domestic coal into syngas, and what are the expected benefits?