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Is another coal shortage crisis looming over India? | Hellenic Shipping News Worldwide

Is another coal shortage crisis looming over India? | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

Coal shortage crisis in non-power sector escalates; Trade bodies move from appeals to agitation

At a time when the Indian economy is striving to emerge from the setbacks inflicted by the Covid pandemic, the short supply of coal to non-power industries including steel, cement and paper since August 2021 is steadily turning fears of massive economic losses and unemployment into an ugly reality.

Coal shortage crisis in non-power sector escalates; Trade bodies move from appeals to agitation

At a time when the Indian economy is striving to emerge from the setbacks inflicted by the Covid pandemic, the short supply of coal to non-power industries including steel, cement and paper since August 2021 is steadily turning fears of massive .

FIMI seeks withdrawal of export duty on iron ore | Hellenic Shipping News Worldwide

The Federation of Indian Mineral Industries (FIMI) has urged the government to withdraw a 30% export duty on iron ore with 58% or more iron content. In a pre-Budget memorandum to the finance ministry, the federation said due to high incidence of export duty, exports have nearly halved to 57.22 million tonne (MT) in 2020-21 .

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