Jul 22, 2021 · According to the association, domestic pellet prices surged to INR 15,000/mt ($202/mt) in June 2021 from INR 4,500/mt ($60/mt) in May 2020, and the association is demanding the imposition of export tax on pellets to ensure higher availability of the raw material in the local market. The association is also seeking a government permit for up to five secondary mills to form a consortium and bid at an auction of iron ore and pellets and reduce dependency of each mill
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Jan 19, 2021 · Chinese Steel Mills Hit By High And Rising Costs. Opinions expressed by Forbes Contributors are their own. Chinese steel mills are paying exorbitant prices for coking coal, an
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Declining coal demand reflects India’s slower economic growth and significant hydropower output with heavy monsoon rains in 2019. While India’s economy grew 6.1% in 2018, GDP growth in 2019 was just 4.2%. Coal consumption in India is expected to fall sharply in 2020