COAL
Coal India Limited (CIL) has decided to maintain its domestic coking coal prices to liquidate stocks and offer an import substitution window to local steel producers, as international coking coal prices surge. According to a CIL official, by maintaining prices of domestic coking coal, CIL expects to woo domestic steel producers that, according to two analysts’ reports, have booked imported coking coal at an average price of $200/t for October to December deliveries.
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