India's LAM Coke curbs raise steel prices, hurt competitiveness: GTRI

India has been limiting imports of a special kind of coal called Low Ash Metallurgical Coke (LAM Coke), which is very important for making steel.

This coal is mostly imported because the coal found in India has too much ash and isn't good enough for making steel.

The government has been putting restrictions on how much LAM Coke can be brought into the country and has also added extra taxes on it.

This has made the price of LAM Coke go up, which in turn has made steel more expensive.

The people who made this report say that these rules are not helping and are actually making it harder for Indian steel companies to compete with others around the world.

They suggest that the government should make it easier to import LAM Coke so that steel companies can get the materials they need at a fair price.