Indian green steel strategy raises long-term questions for coking coal demand

Line chart comparing Indian coking coal import prices and the HRC steel wholesale price index from 2005 to 2024.

India’s push to scale hydrogen-based steelmaking is increasingly being framed as a way to reduce long-term dependence on imported coking coal, with new analysis suggesting future steel investment decisions could shape the country’s energy security, industrial competitiveness and exposure to global coal markets for decades. India’s green steel strategy is increasingly being framed as a long-term energy security issue, as […]

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