TISCO will triple its coking coal imports
India's second largest steel producer Tata Iron and Steel Co. Ltd. (TISCO) will triple its imports of
coking coal and double imports of thermal coal in the next few years, according to company officials.
General Manager of TISCO announced that the company is planning to increase
coking coal imports to 7 million tons over the next few years from present levels of 2.5 million tons.
In addition, imports of thermal coal, used to produce energy, are expected to double from present levels of 2.2 million tons.
It is pointed out that strongly growing demand for steel in
India for major infrastructure projects such as roads, highways and ports.