India’s coal import drops 19% to 116.8 mn tonnes during Apr-Oct this fiscal
India’s coal import saw a drop of 18.6 per cent to 116.81 million tonnes (MT) during April-October this fiscal as against the same period a year ago.
India had imported 143.63 MT of coal during the corresponding period of FY 2019-20, according to a provisional compilation by mjunction services, based on monitoring of vessels’ positions and data received from shipping companies.
mjunction — a joint venture between Tata Steel and SAIL — is a B2B e-commerce company and also publishes research reports on coal and steel verticals.
However, the country’s coal import increased to 21.50 MT in October this year as against 18.28 MT in the corresponding month of the previous fiscal, it said.
