Bhilai Steel reduces production due to coal shortage
According to the statement released from Indian steel producer Steel Authority of
India Ltd's (
SAIL) facility and
India's largest steel plant Bhilai Steel Plant (BSP), the company has decided to reduce
production of steel by 30% due to shortage of coal.
As recently reported by SteelOrbis, depending on the measures taken by
SAIL, BSP would cut down
production by 20% this month. However, the new decision indicates that this reduction will be 30%.
BSP imports 80% of the coal it uses from
Australia. However, supply of coal has been halted for a couple of weeks. BSP was supplying coal from
BHP Billiton, MIM and Anglo Coal in
Australia.