Posted on 06 Jan 2026
India has recently imposed a six-month provisional anti-dumping duty on low-ash metallurgical coke imports from several origins, including Indonesia, following a recommendation by the Directorate General of Trade Remedies (DGTR).
Kallanish understands that Indonesian material remains commercially viable despite the duty, as landed import costs continue to undercut domestic prices in key regions.
Market participants estimate Indonesian low-ash metallurgical coke at around $220/tonne fob, with freight of about $12/t. After adding the provisional duty, the landed cost is assessed at roughly $314.75/t.
Domestic low-ash metallurgical coke prices are heard at around $355/t ex-works in eastern India and $332/t ex-works in western India. This keeps Indonesian imports competitive, particularly for east coast steelmakers where majority of Indian mills are located.
Quality supports Indonesian supply. Traders assess Indonesian material at 65–66% CSR, compared with around 62–63% for domestic coke. This reduces concerns over higher coke consumption in blast furnaces.
The wide variation in duty levels is expected to curb inflows from higher-cost origins, particularly China and Colombia, while leaving room for Indonesian cargoes to continue.
However, the arbitrage remains vulnerable to currency movements. An INR 1.5-2/US dollar depreciation could narrow the price gap, bringing imported material close to prevailing domestic coke prices, especially in western India.
Imports from higher-cost origins are expected to slow, while Indonesian material may continue to flow if pricing, quality, and currency conditions remain supportive.
Source:Kallanish
