Russia records highest rise in coking coal sales to India in Apr-Jan FY 2023-24

Friday, 23 February 2024 14:41:21 (GMT+3)   |   Kolkata
       

Russia has succeeded in recording the highest growth in coking coal sales to India to 4.97 million mt in the April-January period of the fiscal year 2023-24, marking a rise of 180 percent over the corresponding period of the previous year, data sourced from the government showed on Friday, February 23.

The US recorded the second-highest growth in coking coal sales to India with an increase of 150 percent year on year, shipping 6.99 million mt during the period in question.

Australia remained the largest seller of coking coal in terms of volumes at 28.66 million mt during the April-January period of 2023-24, but saw just a 60 percent rise in sales to India, indicating a loss of market share in the country.


Similar articles

MOC: Average steel prices in China down slightly during April 1-7

11 Apr | Steel News

Australia’s Stanmore to wholly own Eagle Downs coking coal project

09 Apr | Steel News

Ex-Australia coking coal prices retreat further

05 Apr | Scrap & Raw Materials

Australia expects fall in metallurgical coal prices in 2024

04 Apr | Steel News

Local coke prices in China fall further amid low demand

29 Mar | Scrap & Raw Materials

CISA: Coking coal purchase cost in China down 9.86% in Jan-Feb

28 Mar | Steel News

India’s coking coal imports from Russia hit peak in April-February of FY 2024-24

26 Mar | Steel News

China’s coking coal imports up 36.52 percent in January-February

26 Mar | Steel News

Fitch Ratings raises iron ore price assumptions for 2024-2026 amid limited supply

22 Mar | Steel News

Ex-Australia coking coal prices heading below $250/mt FOB

21 Mar | Scrap & Raw Materials