Tag: India’s metallurgical coal imports set to rise 5% y-o-y in FY’24

Imports of metallurgical coal by India, the world’s second-largest steel producer, are expected to increase by around 5% y-o-y to over 72 million tonnes (mnt) in FY’24 from 69.1 mnt in FY’23, as per latest BigMint data. Imports are projected to edge up on higher production of crude steel through the BF-BOF route. Notably, imports…