Urgent.News

What's breaking now, across thousands of outlets.

Editions

More in Finance & Markets

Coking Coal Prices Surge 25%, Squeezing India's Steelmakers

Indian steelmakers are reeling from a jump in coking coal prices this year that is squeezing their margins and delaying capacity expansion in the steelmaking industry, analysts and industry executives…

  • Coking coal prices surge 25% in 2025, squeezing Indian steelmakers' margins.
  • India imports up to 95% of its coking coal demand, making it vulnerable to price spikes.
  • Supply disruptions and geopolitical tensions drive up freight costs from Australia.

More from Thursday 20 August →