
Dependency on Imported coking coal may become roadblock to India’s target of 300 MTPA steel capacity
As India’s steel sector works towards the government’s ambitious target of achieving 300 million tonnes per annum (MTPA) crude steel capacity by 2030–31, a new report highlights significant structural challenges that could slow down progress. According to MP Financial Advisory Services LLP (MPFASL), the industry remains heavily reliant on imported coking coal, with imports meeting…