IEEFA – India’s Steel Sector Confronts Growing Coal Risks, Dec 2025

Summary

This report analyzes the growing risks related to metallurgical coal in India’s steel sector.

It highlights the challenges of securing sufficient coking coal supply for steel capacity expansion, methane risks from coal mining, financial and regulatory constraints, and the limitations of carbon capture technologies in decarbonizing steel production. The report also discusses rising costs and price risks associated with coal mining, particularly from Australia, and offers recommendations to mitigate these risks.

Region: Asia

Published: January 2026

Author(s): IEEFA

Language: English

Tech drivers: AI

Social drivers: Sustainability and ethics

Geopolitical drivers: Economic conditions Political instability and conflicts Regulatory changes Workforce availability

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