$10s of billions spent by Chinese and Indian steel mills to use coke. I think that’s your answer for the interim. Not saying it won’t change one day, but it’s unlikely anytime soon.
BHP would have also sold all its tier 1 coke mines if they believed this was a threat in the interim. They haven’t and said it has decades ahead of it. Follow the money, ie common sense.
News: BHP UPDATE 1-Rio Tinto, BHP tie up in Australian steel decarbonisation pilot, page-9
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