Maharashtra clears 937 hectares for Gadchiroli steel expansion Steel stock surges 29% in just two days Steel output rises 14% to 9.25 MT Infrastructure boom fuels India’s steel consumption
🔹 SAIL to commission a 4 million MT coking coal block by H2 2026.
🔹 Move to reduce reliance on imports and support cost-efficient steelmaking.
🔹 Strengthens India’s self-sufficiency in steel raw materials.
Steel Authority of India Ltd. (SAIL) is set to commission a 4 million metric ton (MT) coking coal block in the second half of 2026. The move aims to enhance domestic coking coal availability and reduce reliance on expensive imports.
The coking coal block, part of SAIL’s long-term strategy, will significantly contribute to India's self-sufficiency in steel production. With rising steel demand, securing a steady domestic coal supply is crucial for cost optimization and sustainability.
Experts believe this initiative will strengthen SAIL’s raw material security and support the government’s Atmanirbhar Bharat (self-reliant India) vision. It also aligns with India's push to reduce import dependency and enhance indigenous resource utilization.
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