Propane Shortages Disrupt Indian Steel Production, Prompt Calls for Government Support
2 hours agoBusiness
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2 SourcesNew Delhi, India
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Propane Shortages Disrupt Indian Steel Production, Prompt Calls for Government Support

India's steel industry, including major players JSW Steel and Tata Steel, faces significant propane and liquefied petroleum gas shortages due to disruptions from the West Asia conflict. These shortages have impacted coated steel production, with some JSW units at risk of shutdown and requests for government intervention and production-linked incentive extensions. The Indian Steel Association warns of adverse effects on steel-based micro, small, and medium enterprises, highlighting supply chain and operational challenges amid restricted natural gas use.

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