India’s coking coal imports to jump 42% by 2030 on steel demand, says report
New Delhi: India’s coking coal imports are expected to rise nearly 42% to 115 million tonnes by the end of the decade, driven by surging demand from the steel sector, according to a report jointly prepared by EY Parthenon and the Indian Steel Association (ISA).
The report said imports stood at 81 million tonnes in FY25, while demand for coking coal is projected to climb 55% to 135 million tonnes by FY30 from 87 million tonnes in FY25. The growth is tied to India’s ambitious target of expanding steelmaking capacity to 300 million tonnes by then.
