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US Coal Exports to India May Increase Due to China Tariffs
February 12, 2025
|Hindustan Times Rajasthan
The US is expected to boost coal exports to India after China imposed tariffs on energy imports from the US, five industry officials said, potentially eroding Australia and Russia's market shares in the Indian market.
NEW DELHI:
China's Finance Ministry last week said it would impose levies of 15% on imports of US coal, which the officials said could push US miners to ship to India - the world's second-largest coal importer behind China.
"Three US cargoes that were supposed to go to China have landed in India and around 10 more cargoes are waiting. These are huge capesizes and that could further drag down prices," Vasudev Pamnani, director at India's I-Energy Natural Resources, said.
هذه القصة من طبعة February 12, 2025 من Hindustan Times Rajasthan.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
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المزيد من القصص من Hindustan Times Rajasthan
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