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India’s import of fuels continues to grow after 2 years continuous fall in CY 2016 and CY 2017
India’s import of fuel resumes growth after 2 years of fall in CY 2016 and CY 2017.
The Indian steel industry is using a lot more PCI directly in blast furnaces and reducing its coking coal and met coke imports. This leads to increase in PCI imports.
India’s Import of solid fuel has started rising again after fall in 2 consecutive calendar years. In 2019, for the first six months, fuel imports scaled all time high and may reach an annualized total of 190 MMT.