Collude with IITs to find coking coal alternative: Goyal to steel industry
The availability of coking coal is a major challenge for the domestic steel sector and the industry should collaborate with eminent institutions like IITs to undertake research to find alternate solutions, Commerce and Industry Minister Piyush Goyal said on Tuesday.
The industry needs to become self-reliant on coking coal to remove India’s dependency on a few countries for the key raw material for steel makers, he added.
“Coking coal is a matter of concern for the industry. We can look at investments and alternatives. You can find solutions for its alternatives. I would urge the industry to research with our IITs or the Indian Institute of Science. It is the need of the hour to become self-sufficient,” Goyal said here at a steel conclave.
