03
Sep
14:36
India to become largest coking coal importer
India will overtake China as the largest importer of global coking coal by 2025, despite the country only importing half as much as China in 2017, according to Fitch Solutions.
India is already the largest importer of Australian coking coal, accounting for 24% of total imports from the country in 2018. Fitch Solutions forecasts India's coking coal consumption to grow at an annual average rate of 5.4% between 2019 and 2028, driven by an equally robust expansi…
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