The Economic Times News

Indias import barriers on metallurgical coke are raising steelmaking costs, flags GTRI

India's steel ambitions face a hurdle. Policies meant to protect domestic steelmakers are making a key ingredient, metallurgical coke, more expensive. This input squeeze raises steel costs, impacting margins and export competitiveness. The issue cascades through industries like automobiles and infrastructure. Experts urge a policy rethink to align input and output strategies for sustained growth.