India's Met Coal Imports from Russia Triple

08 May 2024 CW Team

India's imports of metallurgical (met) coal from Russia have witnessed a significant increase, nearly tripling over the last three financial years. This surge reflects the growing demand for met coal, a key ingredient in steel production, and underscores Russia's importance as a supplier to India's steel industry.

Met coal imports from Russia have risen steadily, driven by factors such as growing steel production capacity and infrastructure development in India. The surge in imports highlights the country's reliance on foreign sources to meet its met coal requirements and support its expanding steel sector.

India's steel industry is a crucial driver of economic growth and infrastructure development, with coal playing a vital role in steelmaking processes. The increase in imports from Russia indicates the industry's efforts to secure a stable supply of met coal to meet domestic demand and fuel its expansion plans.

The trend also reflects India's broader trade relations with Russia and highlights the strategic importance of bilateral cooperation in the energy and commodities sectors. Russia's position as a major supplier of coal to India underscores the resilience and adaptability of trade relations between the two countries.

However, the surge in met coal imports from Russia also raises questions about India's long-term energy security and the need to diversify its sources of met coal supply. As India continues to pursue its economic development goals, ensuring a reliable and sustainable supply of met coal will remain a priority for the country's steel industry and policymakers alike.

Infrastructure Transport

15 Sep 2025

Cabinet Approves Key Highway and Rail Projects in Bihar Region

The Union Cabinet on Wednesday approved the four-laning of the 84.2-km Mokama-Munger section of the Buxar-Bhagalpur high-speed corridor, a key industrial region in poll-bound Bihar. The Cabinet also sanctioned the doubling of the 177-km Bhagalpur-Dumka-Rampurhat railway line, which passes through Bihar, Jharkhand, and West Bengal, at a cost of Rs 31.7 billion.The Rs 44.5 billion highway project will be constructed under the hybrid annuity model, a variant of public-private partnership. The Mokama-Munger stretch was the only remaining two-lane section of the 363-km Buxar-Bhagalpur corridor. Fou..

NGT Issues Notice on Bengaluru Twin Tunnel Project

The National Green Tribunal (NGT) on Wednesday issued notices in response to a petition filed by Bengaluru Praja Vedike and others, challenging the Bengaluru twin tunnel road project. Petitioners claim the project was “hastily announced” and bypassed mandatory environmental impact assessment procedures.Notices have been served to the Karnataka Government, Greater Bengaluru Authority, State Environment Impact Assessment Authority (SEIAA), Bengaluru Smart Infrastructure Ltd (B-SMILE), the Union Ministry of Environment, Forest and Climate Change, and project consultants.The 16.74-km twin-tube..

India’s Residential Sales to Dip Slightly in FY26

Residential sales in India’s seven major cities are projected to decline by up to 3 per cent year-on-year in FY26 to 620–640 million square feet (msf), amid a moderation in sales velocity, according to ratings agency Icra.In FY25, sales stood at 643 msf, down 8 per cent YoY, following a sharp contraction in new launches and moderated demand in the affordable and mid-income segments. This slowdown came after the sector posted a robust compound annual growth rate of 26 per cent in area sales between FY22 and FY24.Icra noted: “Having seen a strong upcycle, the sector entered an equilibrium ..