METALLURGICAL COKE
Govt tightens duty exemption rules for metallurgical coke imports
The government has tightened conditions for importers seeking exemptions from anti-dumping duty on low ash metallurgical coke, a key input for steelmaking and ferroalloy production. The finance ministry has made compliance with a prescribed customs procedure mandatory for eligible importers.
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SAIL flies in Mongolian coking coal as it seeks new supplies, sources say
Steel Authority of India has airlifted a 1-metric-ton sample of coking coal from Mongolia for testing. This trial was initiated as part of India's effort to reduce reliance on Australian coal imports. Transporting coal from Mongolia poses significant logistical challenges, especially due to India's strained relations with China.
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There are some interesting contrarian bets in the market. But going contrarian, or buying what everyone else is running away from, is not to be done casually. Done wrong, it is just recklessness. It becomes a sensible move only when there is a solid, logical reason behind it. So, the real question is not whether some companies are beaten down. The question is whether there is a good reason to buy them anyway.
India's steel ministry flags met coke shortage, seeks withdrawal of anti-dumping duty
India's Steel Ministry wants finance ministry to remove import duties on met coke. Domestic supplies are low and prices are high. Steel manufacturers face financial strain. State-run RINL struggles to get enough met coke at good prices. Small and medium steelmakers also face challenges. The domestic market is not meeting the industry's needs.
Government withdraws import restrictions on low ash met coke with ash content below 18%
The Directorate General of Foreign Trade (DGFT), on January 3, amended the import policy of Low Ash Metallurgical Coke, having ash content below 18%, including coke fines/coke breeze and ultra-low phosphorous metallurgical coke, to “free” from “restricted” earlier.
India imposes provisional anti-dumping duty on low ash metallurgical coke imports
India has imposed a provisional anti-dumping duty of $60.87-$130.66 per tonne on low ash metallurgical coke imports for six months. This measure affects imports from Australia, China, Colombia, Indonesia, Japan, and Russia, potentially raising steelmaking costs as the country aims to boost steel production.
India’s import barriers on metallurgical coke are raising steelmaking costs, flags GTRI
India's steel ambitions face a hurdle. Policies meant to protect domestic steelmakers are making a key ingredient, metallurgical coke, more expensive. This input squeeze raises steel costs, impacting margins and export competitiveness. The issue cascades through industries like automobiles and infrastructure. Experts urge a policy rethink to align input and output strategies for sustained growth.
Directorate General of Trade Remedies moots anti-dumping duty on low-ash met coke
Based on its preliminary findings, the DGTR has suggested anti-dumping duty ranging from $73.55 per tonne to $130.66 per tonne, depending on the country of export. The lowest anti-dumping duty rate has been recommended on imports from Australia and the highest on imports from China.
Met coke shortages hit India's steel mills in first half of 2025
Indian steel mills are struggling to meet their metallurgical coke needs. Domestic production is falling short of demand, leading to significant shortages. Steelmakers are urging the government to relax import restrictions on this crucial material. The current curbs, implemented to boost local industry, are now impacting expansion plans and supply chains.
India extends import curbs on low-ash metallurgical coke until December 31
The Indian government has prolonged import restrictions on low-ash metallurgical coke for an additional six months, as announced by the Directorate General of Foreign Trade (DGFT). This extension, effective from July 1, 2025, will continue until December 31, 2025. Low-ash metallurgical coke is a crucial raw material in steel manufacturing and various industrial applications.
India imposes import restrictions on low ash metallurgical coke for 6 months
India has imposed a six-month import restriction on low ash metallurgical coke from January 1, 2025, limiting imports from countries including Australia, China, and Russia. Import authorisation from DGFT is required, with country-specific quantitative restrictions in place during this period to ensure controlled imports within the specified limits.
Govt imposes restrictions on import of low ash metallurgical coke for 6 months
The government imposes six-month import restrictions on low ash metallurgical coke starting January 1, 2025, including quantitative restrictions for specific countries. Imports allowed only with DGFT authorization. QR monitored quarterly, applicable for January-March and April-June 2025. High ash content coke is exempted from this restriction.
Indian steelmakers seek to soften proposed import curbs on key raw material
India, the world's second-biggest producer of crude steel, in April proposed a country-specific import quota to cap annual imports of low ash metallurgical coke, also known as met coke, at 2.85 million metric tons for one year. The aim is to protect the country's local producers, which have complained about rising imports.
Metallurgical coke producers, suppliers demand 30 pc anti-dumping duty on met coke imports
New Delhi, Feb 21 (PTI) An association of producers and suppliers of metallurgical coke has sought imposition of a 30 per cent anti-dumping duty on met coke to protect the local industry from cheap imports.
Import duty removal hurting business, say Met Coke producers
The Indian Metallurgical Coke Manufacturers’ Association (IMCOM), a lobby for the industry, said that while the move reduced their input cost by 2.5%, it suppressed their selling price by a larger quantum of 5% given the competition from imports.
Coal India to offer coking coal to other consumers after meeting PSUs demand
he decision on the same was taken in the board meeting of Coal India Ltd (CIL) held last month, an official said.
Anti-dumping duty on met coke not to provide relief to domestic met coke producers: IMCOM
In a recent move the government has imposed anti-dumping duty of $25.20 on met coke dumped by China and $16.29 on met coke dumped by Australia.
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