February Indian Coal Imports Jump 35 Percent

Bloomberg reported that Indian coal imports rose by 35 percent in February, 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 importers who brought in 12.6 million metric tons of the fuel last month, up from 9.34 million in the same period a year ago, according to figures from the Interocean Group. India received 10.3 million tons of steam coal and 2.3 million of coking coal through 23 of the 28 ports listed by Interocean, a New Delhi-based shipper.

To view the whole Bloomberg report, click here.