13,297.41 TRY BIST 100 BIST 100
7.07 CNY CNY CNY
54.58 EUR EUR EUR
47.43 USD USD USD
0.13 CNY CNY/EUR CNY/EUR
42.00 TRY Interest Interest
87.77 USD Fossil Oil Fossil Oil
6.51 USD Copper Copper
88.75 USD Silver Silver
95.06 USD Iron Ore Iron Ore
377.25 USD Shipbreaking Scrap Shipbreaking Scrap
6,089.00 TRY Gold (gr) Gold (gr)
95.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

India's Steel Ministry opposes import restrictions

Citing strong domestic demand and concerns over the quality of locally produced coke, India's Steel Ministry has opposed the idea of imposing limits on imports of low-ash metallurgical coke, a key component in steel production.

India's Steel Ministry opposes import restrictions

Citing strong domestic demand and concerns over the quality of locally produced coke, the Indian Steel Ministry has opposed the idea of imposing a cap on imports of low-ash metallurgical coke, a key component in steel production. This position comes despite complaints from domestic producers about increased imports since the 2019/20 fiscal year.

In April, India's Directorate General for Trade Remedies (DGTR) recommended capping imports at 2.85 million metric tons for the year. The final decision, however, rests with the Commerce Ministry, which has yet to comment on the issue.

Major suppliers of metallurgical coke to India include China, Indonesia, and Poland. Over the last four years, India's imports of low-ash metallurgical coke have increased by more than 61%. The Steel Ministry argues that domestic producers are unable to fully meet demand, especially in terms of quality.

An authorized source warned that restricting imports could disrupt supply chains and increase costs, adversely affecting small steel mills.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Salzgitter AG signs electric arc furnace contract with Tenova for HKM transformation

Wednesday, July 29, 2026

Vietnam launches antidumping investigation into Chinese prestressing steel bars

Wednesday, July 29, 2026

Downward pressure is expected to continue in China's steel market in August

Sunday, August 2, 2026

SAIL more than doubles first-quarter net profit

Sunday, August 2, 2026

China's green steel push forces Australian iron ore giants to rethink strategies

Thursday, July 30, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now