01
Feb
13:11
RINL idles blast furnace on coal shortage
Owing to coal shortages in India, Rashtriya Ispat Nigam (RINL) shut down one of its blast furnaces on 1 February. Sources tell Kallanish around 90,000-100,000 tonnes of semi-finished and finished steel production will be lost as a result, over an expected 10-12 days of downtime.
The recent surge in coking coal prices has impacted coking coal imports into India; coking coal intake plummeted 33% on-year to 3.62 million tonnes in December. January import figures are …
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