India's coking coal import bill down 39% in three years helped by Russian discounts, low-price global cycle

Mint has reported a new India-focused economy development: “India's coking coal import bill down 39% in three years helped by Russian discounts, low-price global cycle.” The publisher's feed describes the story as follows: India's coking coal import bill decreased from $19.2 billion in fiscal 2023 to $11.76 billion in FY26, as the country shifted imports from Australia to Russia and the US. Domestic output remains insufficient, which means domestic steelmakers are still exposed to global commod
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