India's steel ministry backs extending import curbs on met coke, source says
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 27 2025
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Source: Reuters
Import Curbs on Low-Ash Metallurgical Coke: India's steel ministry supports extending import restrictions on low-ash metallurgical coke due to sufficient domestic supply, which poses challenges for steelmakers reliant on overseas sources.
Domestic Production and Industry Concerns: While India has the capacity to produce 7 million metric tons of met coke annually, current production is only about 3 million tons. Major steel producers are concerned that these restrictions could hinder their expansion plans and have warned the government about potential impacts on steelmaking.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
