India to boost coal imports from Russia ...News

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India to boost coal imports from Russia
Moscow has already become the third largest supplier of coking coal to New Delhi in the first eight months of 2023 India plans to increase purchases of Russian coking coal, which is vital for the steel industry, chairman of the Steel Authority of India (SAIL) Amarendu Prakash told reporters on Monday. According to Prakash, Russia offers cheaper prices on the raw material than Australia, from which India is currently sourcing the bulk of its supplies. SAIL, the country's largest state-owned steel producer, now expects four shipments of Russian coking coal of 75,000 tons each to arrive by December. India imports som

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