Thu, Sep 28, 2023
While iron ore is available in substantial quantity in India, steel players are bound to meet 90 per cent of their coking coal requirement through imports from countries like Australia and South Africa.
Fri, Sep 15, 2023
Rise in coking coal prices, possible impact on margins of steel companies. Watch the full news in this video
Tue, Dec 07, 2021
The government on Tuesday said that for higher supply of coking coal in the country and to ensure that it is provided at a cheaper rate, it is considering measures like linking the price of domestic coking coal to the imported dry fuel.
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."
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.
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.
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.
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.
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.
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