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Development · 21 Aug 2026

Indian steel mills face margin squeeze as global coking coal prices rise, with premium hard coking coal prices jumping 25 percent from last year to average $236 per metric ton FOB Australia in the first seven months of 2026.

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The record

Indian steel mills face margin squeeze as global coking coal prices rise, with premium hard coking coal prices jumping 25 percent from last year to average $236 per metric ton FOB Australia in the first seven months of 2026.

Indian steel mills face margin pressure as coking coal prices rose 25% year-over-year to average $236 per metric ton in the first seven months of 2026, driven by supply disruptions in Australia and China and the Iran war.

moneycontrol.com19 Aug 2026

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