Europe’s Biggest Steel Maker, Indian Companies Ramp Up Imports of Discounted Russian Coal

May 12, 2022 | EARNINGS

While Western allies have announced a ban on Russian coal, China last month doubled its month-on-month met coal imports from Russia. Steep discounts afforded by Russian coal exporters to buyers is one of the main reasons why coal importers in Asia, including India, are opting for Russian coal.

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