Coal imports increased by 5.1 per cent to 189.9 million tonnes (MT) in the April-January period of the ongoing fiscal, according to a report.
Coal imports were at 180.61 (MT) in the April-January period of the previous fiscal, the report by mjunction services showed.
Mjunction, a joint venture between Tata Steel and SAIL, is a B2B e-commerce company that also publishes research reports on coal and steel verticals.
But January month saw a decline in coal import to 17.25 MT from 19.59 MT in the same month of the previous fiscal.
“There was modest demand for coking and non-coking coal from Indian buyers during the month. The marginal decline in hot metal production and volatile coking coal prices in January prompted buyers to keep a tab on imports,” mjunction MD and CEO Vinaya Varma explained.
