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STEELMAKING COAL SUPPLY
Steel industry sounds alarm over slow progress on green steelThe global push for green steel faces significant hurdles, with half of planned projects delayed and government support falling drastically...- The new man of steel! India seen filling the void China may leaveIndia Steel Industry Growth 2026: Global steel demand is shifting from China to India and Southeast Asia. India's steel consumption is low,...
- World's top miners BHP, Rio Tinto see India emerging as steel's next growth frontier beyond ChinaGlobal mining giants BHP and Rio Tinto are focusing on India for future steel demand. India's rapid urbanisation and infrastructure project...
- Dry-Bulk shipping rates extend decline as capesize demand coolsThis decline is attributed to cooling demand in larger vessel segments, particularly Capesizes, despite a strong first half of the year. An...
- China mine blast tests limits of Xi's energy pushA devastating mine blast in Shanxi, China, has claimed over 80 lives. This tragedy is now prompting a nationwide safety review. The inciden...
- Wars in West Asia and Ukraine are turning shipping costs into steel sector’s biggest headacheIn the face of a daunting 28-30% increase in international freight costs, India's steel sector is at a crossroads. The unrest in West Asia ...
- Coal gasification can raise India's resource security amid decarbonisation uncertainties: ReportWhile coal gasification presents uncertain decarbonisation outcomes, it can play a crucial role in strengthening the country's raw material...
- China, India place strategic bets on clean energy out of favour in the WestChina and India are aggressively pursuing green hydrogen, investing billions to build massive production capacity. While China focuses on s...
- India aiming to cut steel emissions by 25%, double capacity, document showsIndia is set to boost its steel production significantly by 2035-36. The new National Steel Policy 2025 targets a substantial reduction in ...
- India urging firms to acquire overseas iron ore, coking coal assets, official saysIndia is actively encouraging its steel companies to acquire overseas assets of essential raw materials like iron ore and coking coal. This...
- CCI clears Nippon Steel, JFE Steel's proposal to collectively acquire stakes in Australian coal mineThe Competition Commission of India (CCI) has approved the acquisition of a 30% stake in Queensland's Blackwater coal mine by Nippon Steel ...
- India to get coking coal from Mongolia on trial basis in JulyIndia is set to trial coking coal imports from Mongolia later this month, aiming to reduce its reliance on Australian supplies. Major steel...
- Tata Steel buys coal from Russia weeks after vowing to cut tiesTata Steel had said in April all its manufacturing sites in India, the UK and the Netherlands had sourced alternative supplies of raw mater...
- Steelmakers feel the heat, find alternativesSteel scrap is used as the primary input into steelmaking through the electric arc furnace and the induction furnace routes, while iron ore...
- India's top steelmakers hike prices by Rs 3,000 - Rs 3,500 a tonne due to rising cost inflation“This was an expected move by the Industry. The cost inflation is too high. Our fuel costs have gone up by more than 70% yoy and a fall in ...
- Metal, cement companies face severe coal shortage as CIL arm suspends suppliesThe Aluminium Association of India (AAI) has written to the chairman of Coal India, seeking an immediate supply of rakes to the industry.
- High cost of coking coal likely to force steelmakers to hike prices, cut outputMetallurgical coking coal is a significant raw material for steel players. Producers who depend on thermal coal to run their electric arc f...
- JSPL bags 0.51 tonnes coal supply for power plantsThe coal linkages, secured for a 5-year duration, will provide steady supply of fuel to captive power plants run by the company for its ste...
- Coal miners may shift to monthly contract to arrest price volatilityLarge users of coal such as steelmakers and utility companies will now have to learn to manage another problem, that of monthly coal suppli...
- Tata Steel buys 7% more in coal mines co for $121 millionTata Steel has bought about 7.3% equity stake in Riversdale Mining, which owns coal blocks in Mozambique, for $120.7 million, taking its to...
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