DGFT imposes Quantitative Restriction on import of Low Ash Metallurgical Coke under Chapter 27 of ITC (HS) 2022

The DGFT has imposed quantitative restrictions on the import of low-ash metallurgical coke under Chapter ITC (HS) Code 2704. This restriction aims to control the quantity of coke being imported, with the intention of protecting domestic industries from excessive foreign competition. The policy adjustment is part of ongoing efforts to regulate imports and ensure that domestic manufacturers have adequate access to raw materials without being undermined by imports. Metallurgical coke is a key input in the production of steel, and these measures aim to stabilize the market, ensuring that both local producers and the overall economy benefit from the regulation