# Finance Minister Invites World Steel Association to Set Up India Office

> Finance Minister Nirmala Sitharaman urges World Steel Association to establish India office to boost global steel demand and decarbonisation.
- Title: Finance Minister Invites World Steel Association to Set Up…
- Summary: Finance Minister Nirmala Sitharaman urges World Steel Association to establish India office to boost global steel demand and decarbonisation. Finance…
- Keywords: nirmala sitharaman, world steel association, india office, steel demand, decarbonisation, speciality steel, resilient supply chains, business, money, news, Finance, Minister
- Source: Financialexpress — https://financialexpress.com/business/industry-fm-invites-global-steel-body-to-set-up-india-office-4359614
- Author: FE Bureau
- Published: 2026-10-12T16:06:50+00:00
- Read time: 1 min
- Topics: nirmala sitharaman, world steel association, india office, steel demand, decarbonisation, speciality steel, resilient supply chains, business, money, news
## Finance Minister Invites World Steel Association
Finance Minister Nirmala Sitharaman urged the World Steel Association to open an office in India.

> As Worldsteel enters its 60th year, I would invite the association to consider establishing an office in India
## India's Growing Steel Demand
India's steel sector expanded despite global output contraction with 165 million tonne production in 2025.
## Decarbonisation Focus
Sitharaman called for greater focus on decarbonisation and resilient supply chains for global industry growth.
## Speciality Steel Opportunity
India's historical wootz steel tradition offers opportunity for specialty steel production growth.

> Specialty steel is, in that sense, a return to an old Indian competence
## Infrastructure Push
Government infrastructure spending targets 12.2 lakh crore for 2026-27 capital expenditure.
## Next Steps for Steel Industry
India aims to boost steel production through scrap-based steelmaking and green hydrogen technologies.
## Key takeaway

Finance Minister Nirmala Sitharaman invited World Steel Association to set up an India office to address growing steel demand and decarbonisation needs.