India to Step up Coking Coal Shipments From Russia – Sources

According to three government sources and an industry executive, India would increase its coking coal imports, a crucial component in steel production, from Russia as shipments from Australia.

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India, the world’s second-largest producer of crude steel, has had difficulties obtaining a consistent coal supply from Australia.

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Typically, Australia provides over half of India’s yearly imports, which total over 70 million tons.

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Discounts and rupee payments have helped (Indian) companies to look at Russia as an alternative source

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SAIL anticipates four shipments of 75,000 tons of Russian coking coal each during the quarter that ends in December.

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India’s steel mills attempted to increase the Russian supply of coking coal last year.

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