India’s met coal dependence grows as Australian coal exports face rising risks

Australia’s monthly met coal exports by destination, highlighting India’s reliance on Australian coal exports.

India remains one of the world’s largest importers of metallurgical coal, with domestic production unable to meet the needs of its expanding steel industry. As a result, India relies heavily on Australian coal exports, which supply most of its high-quality met coal. However, Australia’s long-term export outlook is weakening due to reduced investment, regulatory uncertainty, and declining mine approvals. Forecasts […]

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