India’s coking coal imports increase by 10% y-o-y in CY’25

India’s imports of metallurgical coal, a key ingredient in blast furnace-based steel production, increased 9.4% y-o-y in CY’25 to over 83.1 million tonnes (mnt) from round 76 mnt in CY’24, as per latest data with BigMint. Imports increased due to higher steel production in India, the only major economy in the world to witness a surge in steel production in CY’25 amid overall global decline. Imports have a share of roughly 95% of India’s met coal demand.