Tag: India import duty on coking coal and met coke
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India reimposes import duty on coking coal, coke. What does it mean for steel sector?
The Union Finance Ministry has reintroduced import duties of 5% and 2.5% on metallurgical coke and coking coal, respectively, which were revoked in end-May this year. The Russia-Ukraine war early this year resulted in Moscow attracting sanctions by the US and EU mainly, among other countries, and commodity prices skyrocketing. Australian coking coal prices touched…