Indian steel ministry should control coking coal, Sail boss says
May 02, 2012 | 10:49 AM
India’s domestic supply of coking coal should be brought under the control of the country’s steel ministry instead of the coal ministry, the chairman of Steel Authority of India (SAIL) has told a major New Delhi conference.
“There’s not much attention given to the development of coking coal mines in the country, so they should be brought under the steel ministry,” CS Verma said at the Confederation of Indian Industries (CII) Steel Summit in New Delhi on Monday April 30.
Indian steel manufacturers are already sourcing most of their coal requirements through costly imports, which are compounding difficulties in sourcing ore and acquiring land for setting up new units.....
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