Bloomberg reported that Indian Coal imports rose by 45 percent in December, year-over-year.
As quoted in the market report:
Adani Enterprises Ltd. (ADE), Tata Group (TPWR), JSW Group (JSTL) and Steel Authority of India Ltd. were among the importers who brought in 14.2 million metric tons of the fuel last month, up from 9.77 million in the same period a year ago, the figures from Interocean Group showed. India received 12.1 million tons of steam coal and 2.1 million of the steel making variety through 23 of the 28 ports listed by Interocean, a New Delhi-based shipper.
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