India-Russia steel talks: Coking coal, green tech, defence-grade steel on table
Synopsis
Key Takeaways
India and Russia on Thursday, 30 April 2025, held high-level talks at the Ministry of Steel in New Delhi to deepen bilateral cooperation in the steel sector, covering raw material sourcing, advanced steelmaking technologies, and sustainable production, according to an official statement. The round table was co-chaired by the Secretary of the Ministry of Steel and Pavel Sorokin, First Deputy Minister of Energy of the Russian Federation.
Key Developments
The meeting was attended by a high-level Russian delegation comprising industry representatives and key supply chain partners, alongside leading Indian steel companies. Notably, this is the second India-Russia steel round table held in April 2025, coming less than a fortnight after a similar session on 16 April, which was co-chaired by Mikhail Iurin, Deputy Minister of Industry and Trade of the Russian Federation.
Both sides reviewed existing bilateral engagement and discussed a broad range of issues in the steel sector and related industries, with the stated aim of further strengthening cooperation.
What Was Discussed
Discussions spanned four broad areas: raw material sourcing, technological collaboration, equipment manufacturing, and research opportunities. A key focus was India's interest in securing a stable supply of coking coal from Russia — a critical input for blast furnace-based steelmaking — as India's domestic production capacity continues to expand.
Both nations are also exploring the sharing of advanced steelmaking technologies, specifically for high-grade and speciality steels used in the automotive and defence sectors. Joint research efforts are reportedly examining low-emission technologies and pathways toward green steel production — a growing priority for both governments under their respective decarbonisation commitments.
Context and Significance
The back-to-back round tables signal a structured and accelerating engagement between the two countries on steel, a sector that sits at the intersection of industrial policy, energy security, and defence readiness. India is among the world's top steel producers, while Russia is a major supplier of coking coal and possesses advanced metallurgical expertise, particularly in speciality steels.
This comes amid a broader recalibration of India's trade relationships, with New Delhi deepening ties with Moscow across energy, fertilisers, and now industrial materials — even as Western nations maintain sanctions on Russia following the Ukraine conflict. India has consistently maintained that its bilateral engagements are driven by national interest.
What Both Sides Said
Both delegations emphasised the importance of sustained dialogue and expressed intent to continue engagement. The meetings are described by both sides as a platform for constructive exchange on matters of mutual interest. No formal agreements or memoranda of understanding were announced following Thursday's session, according to the official statement.
What's Next
With two round tables completed within a single month, further structured engagements are expected. Industry bodies and supply chain partners from both sides are likely to follow up on specific collaboration proposals, particularly around coking coal supply agreements and joint research on green steelmaking technologies.