SAIL has planned to consume more domestic coal
BL declared that SAIL plants, as per a tentative plan prepared so far are to consume more domestic coal in 2009-10 compared with 2008-09. For full story, click here
BL declared that SAIL plants, as per a tentative plan prepared so far are to consume more domestic coal in 2009-10 compared with 2008-09. For full story, click here
Reports reveal that state-owned steel giants SAIL and RINL have negotiated the current fiscal’s long-term coking coal prices with global suppliers at $115-125 per tonne, which is over 60 per cent lower than what the companies had paid in the last financial year. For full story, click here
There’s news that SAIL may be able to buy coking coal from BHP Billiton at $150 per tonne. For full story, click here
Sail has access to captive reserves of iron ore but imports coking coal; high prices of this key input have pushed up the company’s raw material bill over the last couple of years. For full story, click here
Welcome to the Coaling Station, your online recap of what’s happening in the global coal industry. We are hoping to have a new edition twice a week, depending on sector activity.
Sail, India’s largest steel manufacturer, has shown interest in developing Jharia coal mines in the state of Jharkhand. For more information, click here
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