INSUBCONTINENT EXCLUSIVE:
The country imports about 56 million tonnes (MT) of coking coal worth around Rs 72,000 croreTata Steel has tested coking coal samples from
Russia for making steel through the blast furnace route, Managing Director and Chief Executive Officer T V Narendran said
The development assumes significance in the domestic steel industry as a fruitful result of the experiment would break the monopoly of
Australia in coking coal supply to India.According to official data, the country imports about 56 million tonnes (MT) of coking coal worth
Out of this, about 45 MT is imported from the continent nation alone."We have imported some coking coal from Russia
The east coast of Russia is a good source," Mr Narendran told PTI.The CEO said this while replying to a question related to the company's
contribution to the steel ministry's ongoing efforts to reduce India's dependence on select countries for sourcing of coking coal.Earlier,
the ministry asked the steel makers to get coking coal from Russia and test the raw material at their plants and update on the result of the
same.Coking coal is a key raw material used for making steel using the blast furnace route, besides iron ore."We support the government's
initiative to look at Russia as a source (of coking coal)
It is a good option for us to have, otherwise we are overdependent on Australia," he said.He added that Australia also often has cyclone and
"For many reasons, it is good for us to have more than one option
We have explored and tried out some material."Tata Steel produces steel using blast furnace at its 11-MTPA (million tonnes per annum) plant
at Jamshedpur in Jharkhand and 3-MTPA plant at Kalinganagar in Odisha.When contacted for details with respected to the experiment, a Tata
Steel spokesperson said, "There is no information available at the moment related to it."Earlier, Steel Authority of India Ltd (SAIL)
Chairman A K Chaudhary also said that similar initiatives were being undertaken by the state-owned steel maker.In an interview with PTI, he
had said the domestic steelmakers depend heavily on imported coking coal.The company is looking at new destinations and vendors for sourcing
coking coal from the international market to avoid dependence on limited sources, Mr Chaudhary said.Besides Australia, part of coking coal
demand is also met from South Africa, Canada and the US.
