Australia has assured India of steady supplies of coking coal, two Indian government sources said on Friday, as domestic mills grapple with shortages of the key steelmaking raw material and a surge in prices.
Nagendra Nath Sinha, the most senior official at India’s federal Ministry of Steel, met Philip Green, Australia’s high commissioner to India in New Delhi and both sides discussed coking coal supplies and other issues, including decarbonisation efforts of Indian steel companies.
Australia accounts for over half of India’s coking coal imports of around 70 million metric tons a year.