Sep. 28 MetalBiz--It is reported on September 26 that the head of India's Eno Coke Company pointed out that India has to extend its coke production to reduce the dependence on imported coke.
According to statistics, presently India's yearly coke demand is around 32mln tons, India can produce 20.7mln tons, and coke imports are about 11.3mln tons, among them, 85% is from China. But since 2009, the price of imported coke straight climbs, the current FOB price has reached US$400 per ton, higher US$100 per ton than the price of home-made coke, so India's steel enterprises relying on the imported coke can not sustain this.
The report also stated that because China domestic coke demand rapidly go up, in the past seven months, China has halted exporting LAM coke to India, and the situation will still continue.
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