With the downfall in the Coking Coal prices, global offers for Anthracite Coal also have moved downwards. As a matter of fact, Anthracite Coal is often blended with Coking Coal during the steel production process.
The latest offer for Anthracite Coal is assessed at around USD 130/MT CFR India, lower by around USD 5/MT over the week-ago rate.
Source: CoalMint Research
In India, the demand continues to be lackluster as the users prefer alternate fuels. Due to the almost nil affinity for Anthracite Coal in India, imports of the coal have been insignificant.
During the current month, only one import consignment of 82,500 MT of Anthracite Coal was imported in India, according to the data collected by CoalMint Research. The consignment was imported by JSW Steel.
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