Indian Ministry of Steel urges steel companies to use iron ore fines and acquire foreign coking coal mines for raw material usage and import reduction.

The Indian Ministry of Steel has urged major steel companies to utilize iron ore fines and consider acquiring coking coal mines abroad to enhance raw material usage and reduce import reliance. With limited domestic iron reserves, the ministry promotes using low-grade ore through beneficiation. This strategy aims to secure competitive pricing and ensure a stable supply of essential materials for steel production.