ArcelorMittal JV Fears Steel Output Cut Over Curbs

India's Imports Of Low-Ash Met Coke Have More Than Doubled Over The Past Four Years

- Reuters

NEW DELHI: ArcelorMittal's India joint venture has warned it may have to severely curtail steelmaking in the country and delay its expansion plans due to New Delhi's import restrictions on a key raw material, a company letter to the government showed.

In a bid to help the domestic coke industry, India, the world's second-biggest producer of crude steel, in December imposed curbs on imports of low-ash metallurgical coke, or met coke, with country-specific quotas.