Coking Coal Import due to Limited Domestic Availability
·
An MoU was signed on 14/10/2021 between the
Ministry of Steel, Government of India and the Ministry of Energy, Russian Federation,
on cooperation in coking coal used in steel making.
Due to limited availability
of coking coal in the country, coking coal is imported mostly to meet the requirement
of steel Industry. Coking coal being an important cost component of steel manufacturing,
the recent increase in international price of coking coal has impacted the cost
structure of steel production. The details of imported coking coal during last three
years are given below:-
|
Year |
Import
of coking coal (MT) |
|
2019-20 |
51.83 |
|
2020-21 |
51.19 |
|
2021-22 |
57.16 |
An MoU was signed on 14/10/2021 between the
Ministry of Steel, Government of India and the Ministry of Energy, Russian Federation,
on cooperation in coking coal used in steel making.
With a view to diversify
the new geographical locations, SAIL signed an Agreement on 24/08/2022 with Russian
Miner for supply of industry trial shipment of coking coal. At present, SAIL is
procuring imported Metallurgical Coal under long term agreements from Australia,
United States of America (USA), Indonesia and Mozambique. Rashtriya
Ispat Nigam Limited (RINL) has also Long Term Agreements with various global suppliers from countries
such as Australia, Canada, USA, Indonesia and Mozambique.
Use of domestic non-coking
coal in a steel plant is limited to coal based DR plant
technology.
This information was given
by the Minister of Coal, Mines and Parliamentary Affairs Pralhad
Joshi in a written reply in Rajya Sabha on 12 December 2022.