Indian metallurgists sharply increased the import of coking coal

The increase in the import of coal coal into India in 2013 will be indicated by a two -digit figure. Metallurgists were forced to use more coal in the production of steel, as they do not have quite high -quality iron ore raw materials.

For last year, India became the world's third importer importer in the world with an indicator of 32 million 200 thousand tons. The ongoing restrictions on the part of courts for the use of internal deposits forces metallurgical companies to purchase low -grade ore on imports in Australia, South Africa and the USA.

The growing appetites of Indian steel companies steadily increasing production volumes are able to draw out the falling market of iron ore, experts are sure. However, an increase in the deficit of the trade balance will not be able to help the government of India in strengthening the national currency.

Those deposits in India, where prey is allowed today, have an ore with a high aluminum content, which leads to a high level of slag formation in metallurgical processes. As a result, domestic production consumes large amounts of energy for heating and, therefore, the consumption of coke increases by an order of magnitude.

If earlier the metallurgists of India have traditionally used high-class ore with 64 percent iron content in the dry residue, now they are forced to use low-grade ores with 60-61 percent of iron content. The further increase in ore deficiency will force metallurgical plants to work at iron ore raw materials with 48 percent iron content, and this will significantly increase the consumption of coke.

Kalyani Steels involves a 50-percent increase in the import of coal coal in the current financial year precisely due to the use of low-quality iron ore.