India’s major ports see 5% rise in traffic in FY24, driven by iron ore exports, coking coal imports

[ad_1] India’s major ports saw a 5 per cent-odd y-o-y increase in cargo traffic, including container movement, to 819.3 million tonnes (mt), driven by rising iron ore exports and increasing coking coal imports. Cargo traffic in the earlier fiscal (FY23)...

India’s coking coal imports at 10-year high, Russia among top three suppliers with 12% market share

[ad_1] India’s coking coal imports are at a 10-year high with shipments of 58 million tonnes (mt) coming in during FY24, driven by high demand from steel mills. Imports rose seven per cent y-o-y (from 54.3 mt in FY23) and...

India’s coal & lignite production at ‘historical’ one billion tonnes 

[ad_1] India, the world’s second largest coal consumer, on Friday surpassed the milestone of producing one billion tonnes of coal and lignite.Also read:Govt open to offer closed and abandoned coal mines to private sector under revenue sharing mode, says Coal...

Russian coking coal buying at an all time high of 6 mt for 11M FY24

[ad_1] India’s coking coal buying from Russia has seen a near three-fold-jump over the last seven years, to over 6 million tonnes (mt) for the April – February period of FY24. Average coking coal buying from Russia has been in...