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- India imported 58 million tonnes (mt) of coking coal in FY24, the highest amount in ten years.
- Over a ten-year period, imports increased by more than 20% and by 7% year over year (from 54.3 million tonnes in FY23).
- Russia’s supply is at multi-year highs, with 6.4 million tonnes in FY24.
- This was an increase of 200% year over year (from 2.3 mt in FY23) and 300% over a six-year period (from 1.6 mt in FY19).
- India is still one of the world’s top importers of coking coal.
- During the past ten years, imports of coking coal have ranged from 47 to 54 million tonnes.
- Australia remained the leading supplier of coking coal for FY24. It represented 34.2 mt, or 59%, of all shipments.
- 18% of coal exports six years ago came from Australia, 3% came from Russia, and 8% came from the United States.
- Russia surpassed nations like Canada and Mozambique to become the third-largest supplier of coking coal.
- India produced 52 mt of sponge iron in FY24, growing 20% year over year from 43 mt in FY23.
- India produced 143 mt of crude steel in the previous fiscal year, a rise of almost 14%. A year earlier, 127 million tonnes of steel were produced.
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