Original article by Luke Housego
The Australian Financial Review – Page: 19 : 5-Dec-19
Tata Steel MD T.V. Narendran says India will continue to source the bulk of its coking coal from Australia; however, he warns that India will seek other sources of coking coal if action is not taken to address bottlenecks at Queensland’s coal shipping ports. Narendran notes that India currently imports about 50 million tonnes of coking coal a year, and this will grow significantly amid expectations that the nation’s steel production will double over the next decade.
TATA STEEL, AUSTRALIA. OFFICE OF THE CHIEF ECONOMIST