Coking coal imports in India rose to 4.61 mt in July
COAL & MINING

Coking coal imports in India rose to 4.61 mt in July

Data from e-commerce firm Mjunction shows that India imported 4.61 mt of coking coal in July, up 14% from June and 97% from a year ago. The majority of the increase came from Australia.

Imports to the country increased by 45% year on year to 33.72 mt in January-July.

In July, Australian imports totalled 3.63 million tonne, up 89% from a year ago, when the Covid-19 pandemic disrupted economic activity and reduced steel consumption.

In response to increased demand on international markets, Indian steel companies have increased production. On July 30, the Argus premium low-volatile hard coking coal index closed at $240.90 per tonne CFR India, up 12% from $215 per tonne CFR India the previous month.

In July, India imported 1.32 mt of pulverised coal injection (PCI), up 36% month on month and 32% year on year. PCI imports from Australia increased by 31% to 1.04 mt in July, while Russian PCI arrivals increased by 58% to 273,974 tonnes.

PCI imports increased by 25% year over year to 8.4 mt in January-July. In July, India's met coke imports fell by 54% from the previous month to 141,933t.

Poland was the top importer in July, with 64,755 tonne, followed by Japan (44,683 tonne) and Columbia (29,632 tonne). China (1,096 tonne) and Russia (337 tonne) were the other major suppliers.

On the 10th of September, premium hard coking coal prices in Australia rose to $313.35 per tonne on a fob basis due to limited supply.

Image Source


Also read: Coal supply for power plants drops in last three years

Data from e-commerce firm Mjunction shows that India imported 4.61 mt of coking coal in July, up 14% from June and 97% from a year ago. The majority of the increase came from Australia. Imports to the country increased by 45% year on year to 33.72 mt in January-July. In July, Australian imports totalled 3.63 million tonne, up 89% from a year ago, when the Covid-19 pandemic disrupted economic activity and reduced steel consumption. In response to increased demand on international markets, Indian steel companies have increased production. On July 30, the Argus premium low-volatile hard coking coal index closed at $240.90 per tonne CFR India, up 12% from $215 per tonne CFR India the previous month. In July, India imported 1.32 mt of pulverised coal injection (PCI), up 36% month on month and 32% year on year. PCI imports from Australia increased by 31% to 1.04 mt in July, while Russian PCI arrivals increased by 58% to 273,974 tonnes. PCI imports increased by 25% year over year to 8.4 mt in January-July. In July, India's met coke imports fell by 54% from the previous month to 141,933t. Poland was the top importer in July, with 64,755 tonne, followed by Japan (44,683 tonne) and Columbia (29,632 tonne). China (1,096 tonne) and Russia (337 tonne) were the other major suppliers. On the 10th of September, premium hard coking coal prices in Australia rose to $313.35 per tonne on a fob basis due to limited supply. Image Source Also read: Coal supply for power plants drops in last three years

Next Story
Infrastructure Energy

NTPC Signs $11.5 Billion Clean Energy Deals in Chhattisgarh

Juniper Green Energy has successfully commissioned a 100-MW solar power project aimed at supplying electricity to Bhutan, marking a significant milestone in regional energy integration. According to the company's statement, the project facilitates a crucial cross-border agreement allowing Bhutan to receive 50% of the power generated during the winter months. This arrangement permits Bhutan to directly import power from an Indian generator under an established bilateral trade framework. Located in Rajasthan, the solar project contributes a total generation capacity of 100 MW. Highlighting the..

Next Story
Infrastructure Energy

Juniper Green Commissions 100-MW Solar Project for Bhutan

The New Delhi Municipal Council (NDMC) held its first council meeting since the Delhi Assembly polls focusing on a comprehensive Summer Action Plan aimed at achieving 100% solar energy adoption by 2026. The meeting, led by MP Bansuri Swaraj, began with the swearing-in of three new NDMC members — Delhi Minister and New Delhi MLA Parvesh Sahib Singh, Delhi Cantt. MLA Virender Singh Kadian, and Ravi Kumar Arora, Additional Secretary of the Ministry of Housing and Urban Affairs. Solar Energy Push NDMC Vice Chairman Kuljeet Singh Chahal announced the civic body's ambitious solar energy plans, ..

Next Story
Infrastructure Energy

NDMC Pushes for 100% Solar Energy by 2026

Mumbai-based energy storage startup AmpereHour Energy has raised $5 million from Avaana Capital, with participation from UC Impower and other angel investors. Founded in 2017 by IIT Bombay alumni, AmpereHour Energy focuses on building AI/ML-enabled Energy Storage Systems ranging from kW/kWh scale systems for Mini-grids to MW/MWh scale systems compatible with solar PV and wind plants. The systems are designed to be plug-and-play, integrated with the company’s proprietary Energy Management platform, Elina. The fresh capital will be directed towards expanding manufacturing and software capabi..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?