Enhancing Domestic Coking Coal Availability to Reduce the Import of Coking Coal

Summary

India, as the world's second-largest steel producer, faces a significant challenge due to its high reliance on imported and volatile-priced coking coal, which constitutes a substantial portion of steel production costs. This research report by NIAS, submitted to NITI Aayog, proposes enhancing domestic coking coal availability through best mining and beneficiation practices, advanced technologies, and new private sector business models. The initiative is currently in the recommendation phase, aiming to improve India's steel industry competitiveness and reduce import dependency.

Key Facts

Source Document

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