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flag India cancels state-run coking coal consortium import plan due to varying mill requirements.

flag India has cancelled plans for a state-run companies' consortium to import coking coal due to differing grades needed by mills. flag India, the world's second-largest crude steel producer, imports 85% of its 70M metric tons annual coking coal consumption. flag The federal Ministry of Steel urges mills to increase spot market purchases, diversify import sources, and boost purchases from countries like Russia to reduce dependence on Australia.

9 months ago
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