Author: Shivani Patil
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India’s cement sector leads the resistance as global petcoke prices hit multi-year highs
Tight US refinery output, Middle East disruption support global prices Indian buyers resist high offers, switching to cheaper thermal coal Record-high US Gulf assessments, supply disruptions from the Middle East, and a widening premium over thermal coal are forcing industrial buyers to rethink their fuel strategy. Scarcity and resistance The global petroleum coke market entered…