India’s steel ministry opposes proposal for quantitative restriction of met coke imports

Thursday, 06 June 2024 14:54:31 (GMT+3)   |   Kolkata

India’s ministry of steel has opposed the move to check imports of low ash metallurgical coke through quantitative restrictions, government sources said on Thursday, June 6.

In response to complaints lodged by domestic met coke producers, the Directorate General of Trade Remedies (DGTR) has recommended imposition of quantitative import restrictions aggregating to 2.85 million mt per year.

Though the DGTR recommendation has not been followed up as yet with any formal notification giving effect to the quantitative restriction, the ministry of steel has stated that domestic demand for met coke could not be met solely by domestic producers and also there are concerns over the quality of locally produced met coke.

Sources said that the ministry of steel has pointed out that implementing the recommendation of the DGTR would disrupt the supply chain and impact production of user industries in steel manufacturing, apart from raising the cost of production of steel.

AjoyDas
Ajoy Das
Editor

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.

Similar articles

India imposes definitive AD duty on met coke imports from six countries

India’s steel ministry seeks withdrawal of AD duty on met coke

India’s DGTR recommends five-year extension of AD duty on met coke imports but at lower rates

India extends quantitative restrictions on met coke imports

India considering extension of quantitative restrictions on met coke imports

India imposes country-specific import quotas for met coke for six months

India’s DGTR recommends quotas on met coke imports, market confused

Indian met coke producers petition government for imposition of AD duty on imports

Downtrend of local Chinese coke prices ends, coking coal prices rise more rapidly

Local coke prices in China see third round of cuts, coal prices stable or higher