Jindal calls for abolition of cap on Met coke imports

India's steel demand will remain weak through September due to the seasonal impact of the monsoon, but is set to rebound sharply beginning October, said Naveen Jindal (pictured), president of the Indian Steel Association and chairman of Jindal Steel & Power Ltd (JSPL).

- 

He also called for the abolition of the cap on metallurgical (Met) coke imports.

"Owing to the weather, there have been rains in most parts of the country. Up to September end, this impact is there, where the demand goes down," Jindal said. "The situation will normalize next month," he added, noting that 55-60 per cent of steel consumption typically takes place in the second half of the year.