Reported 22 days ago
An Indian court has rejected JSW Steel and Trafigura's requests to permit imports of a steelmaking raw material, following new regulations that restrict low-ash metallurgical coke imports to support domestic suppliers. The Delhi High Court upheld the government's stance, stating that the companies were aware of impending restrictions when they placed their orders. This decision highlights the ongoing challenges within India's steel sector, affected by import limitations that could impact production and expansion plans.
Source: YAHOO