Government delegation to leave for Mongolia next month to discuss coking coal imports

2 hours ago 1

An Indian delegation, including elder authorities officials, volition permission for Mongolia adjacent period to sermon importing coking ember from the landlocked nation.

The determination aims astatine diversifying earthy materials sources, and volition not lone summation the availability of the cardinal alloy making worldly but besides assistance successful outgo optimisation of producing the commodity.

"We are looking astatine the anticipation of import of coking ember from Mongolia. An Industry delegation went (to Mongolia immoderate clip back) and a authorities delegation is going adjacent month," Steel Secretary Sandeep Poundrik told PTI.

India remains babelike connected prime radical of nations -- mostly Australia -- to conscionable 80-90 per cent of its coking ember requirements. As they are located far, it takes months for cargo ships to transport the earthy worldly to India. The logistics adds to the wide outgo accumulation of alloy makers.

Imports from Mongolia, which is geographically person to India, volition supply outgo payment to the home alloy players and amended availability of the earthy material.

The authorities has been taking respective measures to root coking ember from Russia and Mongolia.

State-owned SAIL has imported coking ember from Russia to nutrient steel.

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