Import curbs likely to hit India output: ArcelorMittal-Nippon

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

- Reuters

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. But local suppliers are not able to meet ArcelorMittal Nippon Steel India's (AM/NS) quality requirements for met coke, and the company, in its letter to commerce minister Piyush Goyal, has sought additional al