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India's SAIL flies in Mongolian coking coal as it seeks new supplies, sources say
NEW DELHI: Steel Authority of India (SAIL) has airlifted coking coal from Mongolia for the first time, testing the landlocked nation as a potential new supplier as India seeks to reduce its dependence on Australia, two sources said. The state-backed steelmaker flew in a 1-metric-ton sample earlier this month and will assess whether the coal meets its steelmaking requirements, the sources said, declining to be identified because the development has not been made public. SAIL, one of India’s largest steelmakers, planned the trial last year, in a move first reported by Reuters. India, the world’s...
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