India Eyes Increased Coking Coal Imports from US for Steel Expansion

• India sees significant potential to import more coking coal from the US to support its expanding steelmaking capacity, according to Vikram Dutt, India's top coal ministry official.
• Bilateral discussions were held between Indian and US officials ahead of the India Energy Week event.
• India, the world's second-biggest crude steel producer, imports about 85% of its coking coal needs, with over half currently sourced from Australia.
• The US currently supplies about 10% of India's coking coal imports, and India is actively seeking to diversify its supply sources.
• US Department of Energy official Kyle Haustveit confirmed the US is keen to support its coal industry and increase exports, partnering with India on innovation and technology transfer.

Why It Matters: India plans to boost coking coal imports from the US to fuel its steel industry growth and diversify supply.