JSW Steel Ltd India's
third-largest steel maker expects its import of coking coal to remain at
12-14 million tons in 2013-14, largely unchanged from this year, said its chief
executive officer.
“Next fiscal year
also it (coking coal imports) will be around the same (as this fiscal year) as
I don't think there would be much increase in our capacity,” CEO Vinod Nowal said.
The company which imports its coking coal mainly from
Australia, South Africa, the United States and Canada in which Japan's JFE Holdings holds a 15% stake
has been operating below capacity due to limited availability of iron ore, its
key raw material, from Karnataka, where mining is partially restricted due to
ongoing investigations by the top court.
Sourced
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