India's coal imports rose 5.3% to 52.29 million tonnes in the first two months of the fiscal year.
India's coal imports rose 5.3% to 52.29 million tonnes in the first two months of the fiscal year, with May imports dropping marginally to 26.19 MT. Imports demand is expected to stay subdued due to monsoon and healthy domestic production. The government pushes for increased domestic production and reduced reliance on imports, given potential coking coal price hikes due to supply tightness.
July 07, 2024
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