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
Continue reading "SAIL has planned to consume more domestic coal"
Tuesday, June 9, 2009
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
Continue reading "SAIL, RINL has negotiated FY10 coking coal at 60% discount"
Wednesday, February 18, 2009
There’s news that SAIL may be able to buy coking coal from BHP Billiton at $150 per tonne. For full story, click here
Continue reading "SAIL may be able to buy coking coal from BHP Billiton"
Wednesday, February 18, 2009
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
Continue reading "Sail imports coking coal"
Tuesday, August 12, 2008
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.
Continue reading "Coaling Station: August 12"
Monday, August 11, 2008
Sail, India’s largest steel manufacturer, has shown interest in developing Jharia coal mines in the state of Jharkhand. For more information, click here
Continue reading "Sail shows interest in developing Jharia coal mines"
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Friday, June 19, 2009