India Not Following China’s Lead on Low-grade Coal Restrictions

Reuters reported that two sources from India’s Coal Ministry have said that, unlike China, the country will not restrict imports of low-grade coal at present.

As quoted in the market news:

One source close to the matter said there were “no present plans” for such restrictions in India.

“But later if there are constraints on port capacities, environment concerns, then it cannot be ruled out,” one of the sources said.

India places no restrictions on the imports of coal, which are brought into the country by traders and consumers.

Click here to read the full Reuters report.