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India lifts quantitative restrictions on imports of metallic coke after the introduction of the AD duty

Индия снимает количественные ограничения на импорт металлического кокса после введения пошлины AD

Immediately after the introduction of the anti-dumping duty (AD) on the import of low-ash metallurgical coke (met-coke) Of the six countries, the Government of India has lifted quantitative restrictions on imports of these steelmaking raw materials, according to an official notice from the Directorate General of Trade Measures of India (DGTR).

Import of low-ash metallurgical coke (with ash content below

On December 31, the government extended restrictions on the import of low-ash metallurgical coke from January 1 to June 30, 2026, which have now been lifted after the introduction of the preliminary duty AD.

The quantitative restrictions on imports for a particular country were: Poland - 506,336 tons, Colombia - 249,771 tons, Japan - 209,000 tons, Russia - 89,182 tons, China - 78,646 tons, Indonesia - 66,364 tons, Australia - 51,276 tons and Singapore - 46,478 tons.

However, last week, the government imposed a preliminary anti-dumping duty for a period of six months on imports of low-ash metallurgical coke (met-coke) from Australia, China, Colombia, Indonesia, Japan and Russia.

The rates of preliminary anti-dumping duties are as follows:

  • China: $130.66/ton
  • Colombia: 119.51 USD/ton
  • Russia: 85.12 USD/ton
  • Indonesia: 85.72 USD/ton
  • Australia: 73.55 USD/ton
  • Japan: USD 60.87/ton

Market sources believe that the duties imposed will not stop the import of methacox, especially from Indonesia. Last week, the traded price of CSR 65 coke from Indonesia was $220/ton FOB, which corresponds to about $235/ton CFR of India, including average freight. Thus, even taking into account duties, the cost of Indonesian coke for Indian consumers will be approximately $320/t CFR, and local prices are equivalent to $330-350/t, depending on the region. Russian suppliers will also be able to continue selling. But with a higher rate and export prices from China, the country will have fewer advantages, and the focus will be on the local Chinese market. The last reference price for export coke from China was $225-230/ton FOB

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