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SP expects fall in metallurgical coal prices; Indian steel makers to benefit from rate correction

Indian steel producers are generally the most sensitive to seaborne met coal prices, as opposed to iron ore prices. This reflects India#39;s status as the world#39;s top importer of met coal and the fact that Indian steel mills largely secure iron ore feedstock from captive sources.

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​ Indian steel producers are generally the most sensitive to seaborne met coal prices, as opposed to iron ore prices. This reflects India#39;s status as the world#39;s top importer of met coal and the fact that Indian steel mills largely secure iron ore feedstock from captive sources. Indian steel producers are generally the most sensitive to seaborne met coal prices, as opposed to iron ore prices. This reflects India#39;s status as the world#39;s top importer of met coal and the fact that Indian steel mills largely secure iron ore feedstock from captive sources.  Moneycontrol Latest News Read More  

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