State-owned SAIL has sourced 8 shipments of coking coal, each weighing 75,000 tonnes, from Russia between April and September of FY24. The company's chairman, Amarendu Prakash, also revealed that ICVL, a special purpose vehicle of SAIL, RINL, NMDC, CIL, and NTPC, is looking to double its production capacity to 4 million tonnes per annum. Prakash noted that the rising prices of coking coal will directly impact steel manufacturing costs and put pressure on the company's profit margins.