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India Cuts Coal Imports by 13% in November

 

“India, the world’s third-largest coal user, cut imports of the fuel by 13 percent to 11.6 million metric tons in November, shipping data show.

Adani Enterprises Ltd. (ADE), Bhatia International Ltd., Tata Power Co. (TPWR) and Steel Authority of India Ltd. were among buyers who received 9.25 million metric tons of steam coal and 2.33 million tons of the coking variety, according to Interocean Group, a New Delhi-based ship broker that provided the information. October shipments were 13.3 million tons…”

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