Steel Authority of India to increase coking coal imports by over 60%-Shanghai Metals Market

Hot Keywords

  • Inventory data
  • Rare earths
  • Rare earth
  • Market commentary
  • Zinc
  • Aluminium
  • Iron ore
  • Macroeconomics
  • Copper
  • Sales data
  • MMi Iron Ore Port Index
  • precious metals
  • Nickel
  • Futures movement
  • Evening comments

Steel Authority of India to increase coking coal imports by over 60%

Industry News 10:04:57PM Jul 16, 2014 Source:SMM

Author: Paul Ploumis16 Jul 2014 Last updated at 08:52:51 GMT

NEW DELHI (Scrap Monster): SAIL (Steel Authority of India) decided to increase the coking coal imports by more than 60pct with in next two years as they expand its steel production capacity.

SAIL, the largest steel producing company in the country is also boosting its hot metal production capacity to about 23 million tonnes by the year 2015.
 
At present, the hot metal production capacity of the company is about 14 million tonnes.
 
 

Steel Authority of India to increase coking coal imports by over 60%

Industry News 10:04:57PM Jul 16, 2014 Source:SMM

Author: Paul Ploumis16 Jul 2014 Last updated at 08:52:51 GMT

NEW DELHI (Scrap Monster): SAIL (Steel Authority of India) decided to increase the coking coal imports by more than 60pct with in next two years as they expand its steel production capacity.

SAIL, the largest steel producing company in the country is also boosting its hot metal production capacity to about 23 million tonnes by the year 2015.
 
At present, the hot metal production capacity of the company is about 14 million tonnes.