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New Delhi, May 15, 2025 — In a strategic move to diversify its coking coal sources, the Steel Authority of India Limited (SAIL) is set to import a trial cargo of coking coal from Mongolia this month. The initial shipment will consist of 1 metric ton and may be transported by air to expedite testing processes.
Key Highlights:
Objective: Diversify coking coal imports beyond traditional suppliers, particularly Australia, to mitigate supply disruptions
Trial Shipment: 1 metric ton of coking coal from Mongolia, potentially transported by air for swift quality assessment.
Future Plans: Contingent on successful testing, SAIL aims to import a larger consignment of 75,000 metric tons from Mongolia.
Logistical Considerations: Due to Mongolia's landlocked geography, SAIL is exploring alternative routes, including transit through China or Russia, to facilitate larger shipments.
Industry Context:
India, the world's second-largest crude steel producer, relies heavily on imported coking coal, with approximately 85% of its requirements met through imports. Australia currently supplies more than half of these imports. However, recent supply disruptions have prompted Indian steelmakers to seek alternative sources.
Mongolia, possessing substantial reserves of high-grade coking coal, presents a viable alternative. Its coal is not only of superior quality but also offers cost advantages, being approximately $50 per metric ton cheaper than Australian supplies.
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