The steel minister of India, Chaudhary Birender Singh, has said that he had made a recommendation to the finance ministry to do away with the 2.5% import duty on the coking coal.
A coking coal is an important raw material which is used for the purpose of making steel. The recommendation has been made to lower the input costs.
"We are pursuing a cut," Chaudhary Birender Singh told reporters. "We want to make it zero. It cannot be 2.5 percent to 2 percent."
India saw a 13% rise in coking coal imports for the fiscal year 2017-18 that concluded in March.