SteelMint

Tag: India Imports

  • Indian Met Coke Importers Resist Bookings on Weak INR

    Indian Met Coke Importers Resist Bookings on Weak INR

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    by

    Shilpa Singh
    in

    Constantly devaluating INR plunged to 66 against USD today, lowest since 2013, influencing Indian Met coke importers to hold their current bookings as current market does not seem favorable for imports. Indian Met coke importers are holding their purchases owing to weak INR, which depreciated around 5% in last 10 days. Current offer for 64%…