Gadchiroli pitched as Maharashtra’s future green steel hub India set to drive next global steel demand wave Italy crude steel output rises 3.1% in May Green steel progress remains slow worldwide
India’s growing met coal trade with the US may offer some supply support, but it is unlikely to fully protect the steel sector from price shocks and supply disruptions. Industry concerns remain high due to global price linkages, freight cost pressures, limited export capacity, and technical limitations at Indian steel plants.
Metallurgical coal is a key raw material for steel production, making stable supply essential for cost control. However, dependence on imported coal continues to expose Indian steelmakers to global market volatility. While US coal can help diversify sourcing, it may not become a complete alternative to existing suppliers in the near term.
For steel producers, the focus will remain on managing raw material costs, improving sourcing flexibility, and reducing exposure to sudden international price movements.
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