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

Summary

This report analyzes the risks related to coal supply, particularly metallurgical coal, for India's steel sector.

It discusses India's steel capacity expansion plans and the challenges posed by future coking coal supply constraints, including methane risks, limitations of carbon capture and storage, financial restrictions, legal and regulatory risks, rising costs, and price volatility. The report also reviews previous mitigation efforts and provides recommendations for the sector.

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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