Indian steelmakers face hit on Europe deals over export tax: Report
Updated: 23 May 2022, 12:34 PM IST
TL;DR.Due to the rise in coking coal prices, domestic hot-rolled coil (HRC) prices surged to ₹76,000 per tonne in April 2022 from ₹39,200 per tonne in March 2020.
India meets 85 per cent of its coking coal requirements. While Australia remains the main buying destination.