India's met coal imports to rise 8% y-o-y in CY24. What is in store for CY25?

Met coal imports to reach around 77 mnt this year. Imports from Australia drop 6% y-o-y in Jan-Nov'24. Imports in CY'25 may increase 9-10% y-o-y on higher hot metal output.

Morning Brief: India's imports of metallurgical coal used in steel production are set to increase by over 8% y-o-y in calendar year 2024 (CY'24) to around 77 million tonnes (mnt), as per provisional data with BigMint. Metallurgical coal, or met coal in common parlance, includes coking coal of hard, semi-hard and