India to Accelerate Coking Coal Imports Amid Steel Production Capacity Rise

Reuters quoted Sandeep Poundrik, Secretary of India's Ministry of Steel, as saying on April 25 that amid the increase in steel production capacity and the limited supply of coking coal, a key raw material for steelmaking, India would accelerate coking coal imports.

He stated that by 2030, India's coking coal imports would rise from the current approximately 58 million mt to 160 million mt.

According to data from India's Ministry of Commerce and Industry, the country imported a cumulative 56.9011 million mt of coking coal in 2024, up 0.64% YoY. Of this, 45% of imports came from Australia, but imports from Australia decreased by 10.80% YoY.

Poundrik had earlier stated earlier last week that India was on track to achieve its goal of expanding steel production capacity to 300 million mt by 2030. Reuters reported that in the 2025 fiscal year, India's steel production was 151.1 million mt, with a total steelmaking capacity of 200 million mt.