Category: Non Coking
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India: Record coal train loading lifts supplies, but power plant stocks remain under pressure
October coal loading rises 22.5% y-o-y Higher dispatches yet to see stock rebuilding Indian Railways’ record coal loading in October signals a substantial response to rising electricity sector fuel requirements. However, power-plant inventories show that higher transportation activity has yet to create a sustained surplus of deliveries over consumption. Coal loading increased 22.5% y-o-y during…