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Coking coal imports to India fell in September due to rising prices

Mining industry

India's coking coal imports fell in September due to record price increases amid sluggish domestic demand due to the monsoon season.

Coking coal imports to India fell in September due to rising prices

In September, India imported 4.27 million tons of coking coal, which is 7% less than in a year, and 2% less than in August, but in the first nine months of this year increased by 37% to 42.4 million tons.

Most of the imports came from Australia. Australian imports in September were down more than 9% yoy and 10% yoy to 3.26 million tonnes.

Steel consumption in India generally declines between July and September as construction activities are hampered by heavy rainfall.

Earlier this year, India signed a framework agreement with Russia to diversify its coking coal sources.

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