New Delhi, Sept. 11 -- India's demand for coking coal is expected to rise significantly, reaching 135 million tonnes by 2030, driven primarily by expansion in the steel sector, according to a joint report by EY Parthenon and the Indian Steel Association (ISA).
The report estimates an increase from 87 million tonnes in FY25, as the country works towards achieving 300 million tonnes of steel production capacity by the end of the decade.
The steel industry, which accounts for nearly 95 per cent of coking coal consumption, will remain the dominant driver of demand.
"India's steel industry is entering a transformative era, driven by rising domestic demand and global competition. Coking coal remains the backbone of steelmaking, and securing ...
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