Friday, 16 June 2017

Steel Ministry aiming reduction in import of coking coal

The Steel Ministry has said that it wants Coal India (CIL) to put in place more coal washeries in order to cut import of coking coal. Commenting on the issue, Union Steel Minister Chaudhary Birender Singh told the media, "The replacement of raw material for steel (coking coal), which is being procured from Australia, is important. We have asked Coal India and the Coal Ministry that there should be washeries at pit heads for washing thermal coal to convert this coal as a replacement for coking coal." "With this, we are hoping to replace 25-30 per cent of coking coal. There has been a focus on pelletisation of iron ore fines to reduce import cost.

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