This significant pricing gap has led to an influx of over 3.6 million tonnes of inexpensive met coke imports during 2022-23, posing a substantial challenge to India's merchant met coke sector, The Indian Metallurgical Coke Manufacturers' Association (IMCOM) said.
Sanjiv Paul, MD, Tata Metaliks said spike in coal and coke prices, comprising 55 percent of the total costs, combined with demonetisation impacted the numbers negatively.