India’s coking coal imports set to rise as steel capacity targets 300 MT by 2030: Report
India’s coking coal imports are projected to grow significantly as the nation targets 300 metric tons (MT) of steel production capacity by 2030, according to the latest report by EY Parthenon in association with the Indian Steel Association (ISA).
The report further states that India, the world’s second-largest steel producer, remains heavily reliant on coking coal, with the steel industry consuming 95 per cent of the demand.
