India’s coking coal imports surge 31% on year in May’21

India’s coking coal imports rose substantially in May’21 by 31.1% y-o-y to around 4.74 mn t, CoalMint’s latest vessel lineup data reveals. Indian spot buyers, however, are expected to retreat to the sidelines, with Australian coking coal prices moving up fast and major steel mills having already stocked up for Jun-Jul’21.