India loses coke from China.
Date:
Sunday, February 1 2004
Indian steel mills are to lose all their supplies of coke and coking coal from China, in a move by the Chinese to restrict their supplies for domestic consumption. China, itself, imports some 6Mt of coke per year from Australia towards its present 250Mt/y steel output.
China was the
The price of coke at the close of 2004 was Rs8500/t (US$187/t) and of coking coal Rs5500 (US$121/t).
India will be seeking alternative supplies and further develop its limited cokable coal reserves.
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