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Coking Coal Import Decline Signals Contraction in Indian Steel Production
Release time:Jan 02, 2020 From:admin
Iman Resources said tha a dip in India's steel output is set to become more prominent in the coming months with declining imports of coking coal. Iman Resources analysts said that coking coal imports in November declined by 14.52 per cent to 3.61 million tonnes, against 4.22 million tonnes in the same month last fiscal. Analyst said that coking coal import declines sharply indications do not augur well for steel production in the coming months.
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