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India’s steel producers are facing a supply crunch of metallurgical (met) coke, a key raw material used in blast furnace operations, leading to production challenges and higher input costs in the first half of 2025.
Industry sources said that lower domestic output and delayed imports, particularly from Australia and China, have tightened supply across major steel-producing clusters in Odisha, Jharkhand, and Chhattisgarh. Smaller and mid-sized mills are the most affected, with some reportedly cutting production by 10–15% due to rising coke prices.
According to the Indian Steel Association (ISA), the shortage has been aggravated by higher freight costs and logistical bottlenecks at key ports. The average met coke price surged by nearly 20% year-on-year, squeezing margins for non-integrated steel producers.
Larger integrated players like Tata Steel and JSW Steel have managed to secure stable supply through long-term contracts, but industry experts warn that prolonged shortages could affect overall steel output and export competitiveness.
The government is said to be exploring import diversification and policy adjustments to stabilize raw material availability and support the country’s steel production targets for FY26.
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