{"id":2996,"date":"2025-04-28T16:02:31","date_gmt":"2025-04-28T09:02:31","guid":{"rendered":"https:\/\/htkvn.com\/nhap-khau-than-da-cua-an-do-tu-nga-tang-gan-gap-ba-lan\/"},"modified":"2025-04-29T16:32:00","modified_gmt":"2025-04-29T09:32:00","slug":"nhap-khau-than-da-cua-an-do-tu-nga-tang-gan-gap-ba-lan","status":"publish","type":"post","link":"https:\/\/htkvn.com\/en\/nhap-khau-than-da-cua-an-do-tu-nga-tang-gan-gap-ba-lan\/","title":{"rendered":"India’s coal imports from Russia have increased almost threefold"},"content":{"rendered":"

PTI\u00a0cited a report from research firm\u00a0BigMint, stating that India\u2019s imports of\u00a0metallurgical coal\u00a0from\u00a0Russia\u00a0have\u00a0tripled\u00a0over the past three years, reaching around\u00a015.1 million tonnes\u00a0in the\u00a02023-2024 fiscal year, primarily due to lower prices, while imports from\u00a0Australia\u00a0declined.<\/strong><\/p>\n

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Coal being transported at Vladivostok port in Russia\u2019s Far East.\u00a0Photo: AFP\/TTXVN<\/em><\/p>\n<\/div>\n

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Metallurgical coal imports from Russia\u2014including\u00a0coking coal<\/strong>\u00a0and\u00a0pulverized coal injection (PCI) coal<\/strong>\u2014stood at\u00a05.1 million tonnes<\/strong>, accounting for\u00a08%<\/strong>\u00a0of India\u2019s total\u00a065.6 million tonnes<\/strong>\u00a0of coal imports in\u00a02021-2022<\/strong>. These imports rose to\u00a011.3 million tonnes<\/strong>\u00a0(16%<\/strong>\u00a0of\u00a069.9 million tonnes<\/strong>) in\u00a02022-2023<\/strong>\u00a0and further increased to\u00a015.1 million tonnes<\/strong>\u00a0(21%<\/strong>\u00a0of\u00a073.2 million tonnes<\/strong>) in\u00a02023-2024<\/strong>.<\/p>\n

Australia<\/strong>, India\u2019s primary coal supplier, saw its exports to India drop. It supplied\u00a050.7 million tonnes<\/strong>\u00a0(77% of India\u2019s total imports) in\u00a02021-2022<\/strong>, but shipments fell to\u00a042.2 million tonnes<\/strong>\u00a0(60% share) in\u00a02022-2023<\/strong>\u00a0and further declined to\u00a040.4 million tonnes<\/strong>\u00a0(55% share) in\u00a02023-2024<\/strong>.<\/p>\n

Iron ore and metallurgical coal (met coal)<\/strong>\u00a0are essential raw materials for steel production, and India relies heavily on imports to meet domestic demand.<\/p>\n

Key Drivers of Rising Russian Coal Imports<\/strong><\/h3>\n

BigMint analysts attribute the surge in Russian coal imports to\u00a0cost advantages<\/strong>. A BigMint analyst noted that\u00a0Russian coal is cheaper<\/strong>, reducing costs for domestic steelmakers. However, another analyst warned that imports from Russia may\u00a0decline in the long run<\/strong>\u00a0due to expected\u00a0export duties on Russian coal<\/strong>\u00a0and rising\u00a0logistics costs<\/strong>.<\/p>\n

Industry Responses<\/strong><\/h3>\n
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  • \n

    SAIL Chairman Amarendu Prakash<\/strong>\u00a0told PTI that the company imported\u00a08 shipments<\/strong>\u00a0of Russian coking coal (75,000 tonnes each, totaling\u00a0600,000 tonnes<\/strong>) in the first two quarters of FY2024.<\/p>\n<\/li>\n

  • \n

    Tata Steel<\/strong>\u00a0has also tested Russian coking coal in steel production.<\/p>\n<\/li>\n

  • \n

    VR Sharma (Jindal Steel & Power – JSP)<\/strong>\u00a0said India could meet\u00a050% of its coking coal demand<\/strong>\u00a0from Russia.<\/p>\n<\/li>\n<\/ul>\n

    Outlook<\/strong><\/h3>\n

    While\u00a0cheaper Russian coal<\/strong>\u00a0is currently benefiting Indian steelmakers, future\u00a0export taxes and logistics challenges<\/strong>\u00a0may reduce its competitiveness. Meanwhile,\u00a0Australia\u2019s declining market share<\/strong>\u00a0reflects shifting trade dynamics in India\u2019s metallurgical coal imports.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

    PTI\u00a0cited a report from research firm\u00a0BigMint, stating that India\u2019s imports of\u00a0metallurgical coal\u00a0from\u00a0Russia\u00a0have\u00a0tripled\u00a0over the past three years, reaching around\u00a015.1 million tonnes\u00a0in the\u00a02023-2024 fiscal year, primarily due to lower prices, while imports from\u00a0Australia\u00a0declined. Coal being transported at Vladivostok port in Russia\u2019s Far East.\u00a0Photo: AFP\/TTXVN Metallurgical coal imports from Russia\u2014including\u00a0coking coal\u00a0and\u00a0pulverized coal injection (PCI) coal\u2014stood at\u00a05.1 million tonnes, accounting for\u00a08%\u00a0of India\u2019s total\u00a065.6 million tonnes\u00a0of coal imports in\u00a02021-2022. These imports rose to\u00a011.3 million tonnes\u00a0(16%\u00a0of\u00a069.9 million tonnes) in\u00a02022-2023\u00a0and further increased to\u00a015.1 million tonnes\u00a0(21%\u00a0of\u00a073.2 million tonnes) in\u00a02023-2024. Australia, India\u2019s primary coal supplier, saw its exports to India drop. It supplied\u00a050.7 million tonnes\u00a0(77% of India\u2019s total imports) in\u00a02021-2022, but shipments fell to\u00a042.2 million tonnes\u00a0(60% share) in\u00a02022-2023\u00a0and further declined to\u00a040.4 million tonnes\u00a0(55% share) in\u00a02023-2024. Iron ore and metallurgical coal (met coal)\u00a0are essential raw materials for steel production, and India relies heavily on imports to meet domestic demand. Key Drivers of Rising Russian Coal Imports BigMint analysts attribute the surge in Russian coal imports to\u00a0cost advantages. A BigMint analyst noted that\u00a0Russian coal is cheaper, reducing costs for domestic steelmakers. However, another analyst warned that imports from Russia may\u00a0decline in the long run\u00a0due to expected\u00a0export duties on Russian coal\u00a0and rising\u00a0logistics costs. Industry Responses SAIL Chairman Amarendu Prakash\u00a0told PTI that the company imported\u00a08 shipments\u00a0of Russian coking coal (75,000 tonnes each, totaling\u00a0600,000 tonnes) in the first two quarters of FY2024. Tata Steel\u00a0has also tested Russian coking coal in steel production. VR Sharma (Jindal Steel & Power – JSP)\u00a0said India could meet\u00a050% of its coking coal demand\u00a0from Russia. Outlook While\u00a0cheaper Russian coal\u00a0is currently benefiting Indian steelmakers, future\u00a0export taxes and logistics challenges\u00a0may reduce its competitiveness. Meanwhile,\u00a0Australia\u2019s declining market share\u00a0reflects shifting trade dynamics in India\u2019s metallurgical coal imports.<\/p>\n","protected":false},"author":2,"featured_media":2798,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[84],"tags":[],"class_list":["post-2996","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-shipping-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/htkvn.com\/en\/wp-json\/wp\/v2\/posts\/2996","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/htkvn.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/htkvn.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/htkvn.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/htkvn.com\/en\/wp-json\/wp\/v2\/comments?post=2996"}],"version-history":[{"count":3,"href":"https:\/\/htkvn.com\/en\/wp-json\/wp\/v2\/posts\/2996\/revisions"}],"predecessor-version":[{"id":3017,"href":"https:\/\/htkvn.com\/en\/wp-json\/wp\/v2\/posts\/2996\/revisions\/3017"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/htkvn.com\/en\/wp-json\/wp\/v2\/media\/2798"}],"wp:attachment":[{"href":"https:\/\/htkvn.com\/en\/wp-json\/wp\/v2\/media?parent=2996"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/htkvn.com\/en\/wp-json\/wp\/v2\/categories?post=2996"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/htkvn.com\/en\/wp-json\/wp\/v2\/tags?post=2996"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}