Producers and suppliers of met coke propose a 30% anti-dumping levy on imports

22 Feb 2023 , 07:22 AM

An organization of metallurgical coke suppliers and makers has asked for the introduction of a 30% anti-dumping levy on met coke to safeguard the domestic industry from low-cost imports. 

India is turning out to be a dumping ground for imported met coke, according to the Indian Metallurgical Coke Manufacturers Association (IMCOM), hence there is an urgent need to preserve the home industry with appropriate governmental measures.

Instead, anti-dumping charges should be imposed on all nations, regardless of FTAs, according to a statement from IMCOM. This will help to defend domestic manufacturing.

According to the group, the action will support the government’s goal of making India ‘self-reliant’ and defending the home business.

The ferroalloy, chemical, and foundry industries are the primary customers of the merchant coke industry. Even though the nation’s merchant coke capacity is over seven million tonnes, the current capacity utilization is only around 30%, primarily because of an excess of coke on the Indian market due to imports. 

The cost of production for domestic met coke operations is roughly USD 100 per tonne, greater than imported met coke, given the present costs of imported coking coal.

India, which is mostly dependent on imported coking coal, does not benefit from the low cost of production that countries with captive coking coal mines enjoy (95% of coking coal demand is met through imports).

According to the statement, the domestic met coke players are being forced by their unfavourable circumstances to substantially scale back their activities or shut down the plants, which has led to an increase in unemployment in the sector.

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