Category: Non Coking
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India’s coal market faces stress test as heatwave demand surges amid weak domestic production
Heatwave boosts coal demand outlook Falling stocks raise supply concerns India’s thermal coal market is showing early signs of tightening as an intensifying heatwave, weaker domestic production growth and lower hydro generation prospects begin to place renewed pressure on fuel availability ahead of peak summer demand. The country is confronting a challenging combination of rising…