Steel Authority of India (SAIL) imports 75 percent of its requirement of coking coal from foreign countries and the rest through captive mines and domestic sources.
This information was given by the Minister of State for Commerce & Industry, D Purandeswari in a written reply in the Lok Sabha.
The company has to rely on imports for substantial consumption of coking coal because of the limited availability of the raw material of desired quality from indigenous sources, the minister informed.
Meanwhile, the minister informed that state-run miner NMDC is presently not in negotiation for acquisition of coal and iron ore mines, in Brazil or in any other country.
However, it is examining some proposals for acquisition of coal and iron ore mines in Brazil and other countries to diversify its mining operations.
Leave a Reply
You must be logged in to post a comment.