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India’s coal import drops 19% to 117 million tonnes during April-October this fiscal

NEW DELHI: India’s coal import saw a drop of 18.6 percent to 116.81 million tonnes (MT) during April-October this fiscal as against the same period a year ago.

India had imported 143.63 MT of coal during the corresponding period of FY 2019-20, according to a provisional compilation by mjunction services, based on monitoring of vessels’ positions and data received from shipping companies.

mjunction — a joint venture between Tata Steel NSE 0.34 % and SAIL NSE 1.82 % — is a B2B e-commerce company and also publishes research reports on coal and steel verticals.

However, the country’s coal import increased to 21.50 MT in October this year as against 18.28 MT in the corresponding month of the previous fiscal, it said.

Of the total import in October 2020, non-coking coal was at 14.46 MT. In October 2019, the import was 13.57 MT. Coking coal import stood at 4.92 MT in October 2020, up from 2.79 MT imported in the same month last fiscal.

During the April-October period this year, the non-coking coal import was at 77.67 MT as compared to 98.73 MT in the same period a year ago.

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