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Cement sector’s coal demand drops
2022-06-13
Coal India, the state-owned coal supplier, has recorded a 17 per cent year-on-year decline in deliveries of coal to cement plants in May 2022.
Coal India, the state-owned coal supplier, has recorded a 17 per cent year-on-year decline in deliveries of coal to cement plants in May 2022. Its coal supply to captive power plants also dropped in the month, by 40 per cent year-on-year. Coal India is the leading coal mining company globally. Its main customers are energy, cement and steel companies.
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