Page 4 - Coking Coal
India rethinks its coal future, plans to reduce import dependence by 2031
Overdependence on Australia for coking coal for its steel plants makes it vulnerable to supply chain disruptions and diminishes its capacity to negotiate on prices
 "India rethinks its coal future, plans to reduce import dependence by 2031")
Centre prioritises coking coal contracts over foreign mine purchases
Company may at best consider picking up stakes in coking coal companies instead of going for an outright purchase
 "Centre prioritises coking coal contracts over foreign mine purchases")
India buying more US coking coal after disruptions in Australian supply
NUSA DUA, Indonesia (Reuters) - India is buying more U.S. coking coal after disruptions in top supplier Australia, and as U.S. miners seek new markets due to declining demand from America's steel industry, an executive at Xcoal Energy & Resources India said on Monday.
India to become largest coking coal importer by 2022: Tata Steel official
Former Coal India chairman N C Jha also said India to remain heavily dependent on imported coking coal
 "India to become largest coking coal importer by 2022: Tata Steel official")
Steel ministry keen to be on board for iron ore, coking coal issues
The steel secretary agreed that iron ore prices have appreciated but it was due to some mines turning inoperative
 "Steel ministry keen to be on board for iron ore, coking coal issues")
Coking coal prices to stabilise at $140-150 per tonne
In 2016, international coking coal prices were at a peak of $308 a tonne
 "Coking coal prices to stabilise at $140-150 per tonne")
Volatile coking coal prices to keep steel firms' margins down
Coking coal is an important raw material used in steel production
 "Volatile coking coal prices to keep steel firms' margins down")