India’s coal import is expected to be subdued in coming months on account of various factors like prevailing Covid situation, high coal stock in the system and higher international prices, according to mjunction.
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.
The country’s coal import fell 12.62 per cent to 215.92 million tonnes (MT) in FY21 from 247.10 MT in FY20, according to a provisional compilation by mjunction services, based on monitoring of vessels’ positions and data received from shipping companies.
