
Coal India reports growth in coal production for FY24
Coal India Limited (CIL) produced 773.6 million t of coal in FY24 registering 10% growth

Coal India Limited (CIL) produced 773.6 million t of coal in FY24 registering 10% growth

Indian state-controlled utility NTPC aims to raise coal production from its captive blocks by around 16pc during the April 2024-March 2025 financial year

The Indian government plans to introduce a greenfield washery development policy to increase the use of domestic coking coal by private steelmakers.

Both JSW Steel Limited and Tata Steel had their highest-ever crude steel production.

India’s thermal coal imports in March 2024 rose by 4% m-o-m to 15.48 million tonnes (mnt)

The just-concluded financial year of 2023-24 proved to be a fairly good one for India’s steel industry as mills saw a 12% increase in sales

State-owned Paradip Port in Odisha has emerged as India’s largest major port in terms of cargo volumes

Indian steel prices in the just-concluded FY’24 contracted in comparison with FY’23 due to an assortment of factors including

China and India lifted imports of seaborne thermal coal to three-month highs in March as they took advantage of lower international prices

India steel composite index maintained a flat trend w-o-w, closing on 29 March at 137.5 points (137.8 points).

Imports of metallurgical coal by India, the world’s second-largest steel producer, are expected to increase by around 5% YoY

Indian met coke prices have been recorded at INR 33,500/tonne (t) ex-Jajpur this week. Prices dropped by INR 500/t w-o-w.