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Coking Coal News
CIL looking to buy stakes in overseas coking coal mines
Wed, Dec 20, 2017
In a written reply to Lok Sabha, Coal Minister Piyush Goyal said, "CIL (Coal India) is pursuing available opportunities for buying equity stakes in coking coal mines abroad."
India to produce additional 20 million tonnes coking coal in 3-4 years: Goyal
Sat, Feb 18, 2017
"I am given to understand that there are certain grades of coal which, if washed, can be upgraded to coking coal. We are trying to get additional 20 million tonnes (of coking coal) within the next 3-4 years by processing this coal for domestic steel industry," Goyal, who is also Coal Minister, told reporters here.
Steel Ministry to continue with import duty reduction demand
Fri, Feb 03, 2017
India's steel ministry in its recommendations for Union Budget 2017-18 to the Finance Ministry has asked for reduction in the import duty on the coking coal.
SAIL seeks removal of cess on coking coal in Budget
Sun, Jan 29, 2017
Ahead of the Union Budget, country's largest steel maker SAIL today said it expects the removal of clean energy cess on coking coal and reduction of import duty on metallurgical coal as the steel industry is reeling under high raw material costs pressure.
India's coking coal imports to rise in FY17 on higher demand: ICRA
Wed, Oct 26, 2016
Coking coal import in India is slated to rise in the ongoing fiscal on the back of higher demand, India Credit Rating Agency (ICRA) said today.
Coking coal may spoil the recovery party of India's steelmakers
Wed, Oct 12, 2016
A sharp rise in coking coal prices is likely to hamper profitability and the deleveraging process of domestic steel companies of India, said a ratings agency. Coking coal is a vital input material used in the production of steel.