India working on mechanism to increase coking coal blending for steel mills

Tuesday, 30 July 2024 14:47:31 (GMT+3)   |   Kolkata

The Indian government is planning a mechanism to increase the blending of coking coal for steel mills from 12 percent at present to levels of 30-35 percent, in order to reduce import dependency for the steelmaking input, Indian coal minister G Kishan Reddy said in a statement on Tuesday, July 30.

The minister said that, in addition, the government has launched “Mission Coking Coal’ aiming to ramp up domestic production to 140 million mt by 2030. He said that a new sub-sector has also been created named the ‘steel using coking coal through washery developer operator (WDO)’ route wherein linkages will be offered for long-term coal supplies from identified mines to steel mills throughout the contract period, boosting domestic coal consumption by steel companies.

AjoyDas
Ajoy Das
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I graduated from the University of Kolkata with a degree in economics and have three decades of experience in reporting for leading print media publications, covering key manufacturing industries like iron and steel, energy (fossil and renewable), chemicals and petrochemicals and mining sectors (coal, bauxite, iron ore and copper). I work as a correspondent for SteelOrbis reporting on the Indian steel industry covering pricing and trade trends across the value chain, capacity creations and utilizations, corporate developments, government policy frameworks and industry related news.

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