09
Oct
09:45
India seen becoming top coking coal importer
India is forecast to overtake China as the world’s largest coking coal importer by 2020, according to Australia’s industry, innovation and science ministry. Because India has limited domestic coking coal reserves, it will increase imports to support its rapid steel industry growth.
India’s coking coal imports rose 26% on-year in the first half of 2018 to 28 million tonnes, when steel production grew 8.8%. Australia’s share in India’…
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Anonymous
Very good overview of the weekly steel market.
Anonymous