Articles Tagged "Coal Market News"

Indian Coal Imports to Rise by US$3 Billion

In the wake of massive coal license cancellations in India, CoalGuru reported that India's import bill for coal will increase by INR 18,000 crore, or about US$3 billion. Domestic coal supplies will also take a hit, as will the confidence of investors in the Indian economy.

Polish Blockade Against Russian Coal May End

Though polish miners have been blocking a railway for trains carrying Russian coal across the border, RT News reported that the workers may end their blockade after reaching a deal with the government to better protect Poland's coal industry. Mining union leaders in Poland are calling for an embargo on Russian coal to protect domestic companies that are "losing hundreds of millions of euros."