E-PaperCoking Coal News
CAG pulls up SAIL for huge coking coal imports
SAIL requires about 15 million tonnes coking coal annually, of which 12-13 million tonnes is imported, CAG noted in its latest report
1 min read19 Aug 2018Higher debt due to expansion may weigh on JSW Steel shares
JSW Steel is taking several steps to rein in cost, and i nQ1 FY19, the company expects costs to be lower, as coking coal prices have tapered
2 min read18 May 2018Govt may hand over coal, iron ore mining to steel ministry to boost supplies
The integration would allow the steel ministry to make better trade policies, speed up approval of mining licenses and make it easier for foreign steelmakers to set up operations in India
1 min read19 Jan 2018Steel ministry seeks abolition of coking coal import tax
Steel ministry seeks to remove import tax on coking coal to soften the impact of rising costs on steel-making fuel and promote production of the alloy that's crucial for boosting domestic manufacturing
1 min read18 Jan 2018Coal India: what next after the price hike?
Coal India points out that the price hike will bring in additional revenues worth Rs6,421 crore on an annualized basis and Rs1,956 crore for the rest of this fiscal
1 min read10 Jan 2018SAIL in talks with Canada’s Teck Resources to buy coking coal: report
SAIL is in talks with Canada's Teck Resources for long-term purchase agreements of coking coal after a cyclonic disruption in Australia cut supplies earlier this year
2 min read8 Jul 2017Cargo traffic at 12 major ports up 6% in April
Increased demand from sectors like iron ore, coking coal and container traffic resulted in higher movement of cargo last month to 55.75 MT, as per Indian Ports Association
1 min read10 May 2017Market roundup: India’s market cap-to-GDP at 80% by FY17-end
In other news, Cyclone Debbie boosts coking coal prices; crude oil at four-week high as US supplies seen declining
1 min read6 Apr 2017Metals take a shine to higher prices in Q4
Indian metals sector is set to report a good performance in the March quarter on the back of higher prices and sales
2 min read5 Apr 2017Piyush Goyal says govt to improve domestic coking coal supply
Power minister Piyush Goyal says govt will improve the availability of coking coal used in steel plants by processing higher grade coal from domestic mines, which will help cut imports
1 min read18 Feb 2017Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared