+
Indian delegation to visit Mongolia for coking coal discussions
COAL & MINING

Indian delegation to visit Mongolia for coking coal discussions

An Indian delegation, consisting of senior government officials, will travel to Mongolia next month to discuss the potential import of coking coal from the landlocked country. This initiative aims to diversify sources of raw materials, enhancing the availability of this crucial steel-making component while optimizing production costs.

Steel Secretary Sandeep Poundrik informed PTI, "We are exploring the possibility of importing coking coal from Mongolia. An industry delegation previously visited Mongolia, and now a government delegation will follow next month."

Currently, India relies heavily on a limited number of countries, primarily Australia, for 80-90% of its coking coal needs. Due to the distance, it takes months for cargo ships to deliver the raw material, increasing overall production costs for steel manufacturers.

Importing coking coal from Mongolia, which is geographically closer, will benefit domestic steel producers by improving raw material availability and reducing costs. The government is actively pursuing measures to source coking coal from both Russia and Mongolia. Additionally, state-owned SAIL has already imported coking coal from Russia for steel production.

An Indian delegation, consisting of senior government officials, will travel to Mongolia next month to discuss the potential import of coking coal from the landlocked country. This initiative aims to diversify sources of raw materials, enhancing the availability of this crucial steel-making component while optimizing production costs. Steel Secretary Sandeep Poundrik informed PTI, We are exploring the possibility of importing coking coal from Mongolia. An industry delegation previously visited Mongolia, and now a government delegation will follow next month. Currently, India relies heavily on a limited number of countries, primarily Australia, for 80-90% of its coking coal needs. Due to the distance, it takes months for cargo ships to deliver the raw material, increasing overall production costs for steel manufacturers. Importing coking coal from Mongolia, which is geographically closer, will benefit domestic steel producers by improving raw material availability and reducing costs. The government is actively pursuing measures to source coking coal from both Russia and Mongolia. Additionally, state-owned SAIL has already imported coking coal from Russia for steel production.

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code