SAIL Tests Mongolian Coking Coal
State-backed Steel Authority of India has airlifted a coking coal sample from landlocked Mongolia for the first time. The trial aims to diversify import sources away from Australia despite logistical challenges.
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STEEL AUTHORITY OF INDIA airlifted a 1-metric-ton sample of coking coal from Mongolia during the month, testing the landlocked nation as an alternative supplier. The state-backed producer is seeking to diversify imports away from Australia to lower production expenses. Coking coal accounts for nearly 40% of steel manufacturing costs globally.
