SAIL Chairman: Coking Coal Import Contracts Postponed
May 07, 2020 10:00
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As the Coronavirus (Covid-19) pandemic continues disrupting India's domestic steel demand, CoalMint | Coking Events spoke to the Maharatna PSU Steel Authority of India Limited (SAIL) chairman Anil Kumar Chaudhary, to understand the company’s contingency plans to combat the worsening impact of the viral outbreak.
In an interactive webinar session conducted live today, Mr. Chaudhary talked about the forthcoming demand outlook for steel and its potential consequences on the steelmaking raw materials sector, which primarily comprises of iron ore, coking coal and ferro alloys.
He admitted that coal prices have definitely come down in the current