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Australian Coal

 Australian coal, demand, market share, global demand, indian imports of Australian coal

Australian coal not in favour

 
 

With Indian steel industry in difficulties, it is not favouring Australian coal due to its high costs. Many steel companies are having a relook at their current import plans and are ready to renegotiate contracts. However, Australian suppliers prefer long-term contracts and hence the hesitancy. Indian cos, may buy at spot market later

 

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