UltraTech Cement paying for Russian coal in Chinese yuan: Report3 min read . Updated: 29 Jun 2022, 03:22 PM IST
- UltraTech is bringing in 157,000 tonnes of coal from Russian producer SUEK that loaded on the bulk carrier MV Mangas from the Russian Far East port of Vanino
India's biggest cement producer, UltraTech Cement, is importing a cargo of Russian coal and paying using Chinese yuan, according to an Indian customs document reviewed by Reuters, a rare payment method that traders say could become more common.
Select your Category