India: Coal ministry supports safeguard measures on metallurgical coke imports
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- Decision to boost India's self-reliance in coal products manufacturing
- Ministry focusing on ensuring consistent supply of met coke to all sectors
The Ministry of Coal, Government of India, has supported the imposition of quantitative restrictions (QR) on the import of low-ash metallurgical coke into the country. The proposal, based on the recommendations of the Directorate General of Trade Remedies (DGTR), aims to safeguard the domestic coal industry and strengthen its self-reliance in the production of high-quality coal products.
The surge in imports of low-ash metallurgical coke had raised concerns within the ministry. As indicated in the official memorandum, such imports have been adversely affecting the domestic metallurgical coke industry, leading to a negative impact on production and employment within India. The Ministry of Coal noted that such a scenario is hindering the coal industry's contribution to the country's energy needs, despite its vast production capacity.
The Ministry of Coal is committed to enhancing domestic production and decreasing reliance on imported raw materials, particularly in crucial sectors such as steel manufacturing. Consequently, the Ministry is focusing on various measures, including the introduction of advanced technologies and improvements in production efficiency to ensure the consistent supply of quality metallurgical coke to all sectors, including steel and other industries.
Key recommendations by the DGTR are as follows:
- Reallocation of import quotas for metallurgical coke to safeguard domestic industries
- Review of existing trade policies to ensure fair and balanced trade practices
- Quarterly allocations for sourcing logistics and trade-related issues to enhance domestic capabilities
While the Ministry has shown support for QRs to regulate imports, it has also indicated that such measures should not negatively impact domestic coke manufacturers and production capacity.