Tag: Cement demand
-
Indian cement companies prefer pet coke amidst escalated thermal coal prices
With the rise in global thermal coal prices in the recent weeks, Indian cement manufacturers have shifted back to using pet coke due to its competitive prices. Over the last two months, US-origin pet coke prices have sharply declined by $100/tonne (t) from its historic highs of $260/t in Oct’21, CFR India. On the other…