India’s Tata Steel buys coal from Russia weeks after vowing to cut ties

NEW DELHI, June 20 —India's top steelmaker Tata Steel imported about 75,000 tonnes of coal from Russia in the second half of May, two trade sources and one government source said, weeks after pledging to stop doing business with Russia.

Still, in May, Tata Steel shipped about 75,000 tonnes of PCI coal, used in steelmaking, from Russia's Vanino port, out of which 42,000 tonnes were offloaded in a port in Paradip on May 18 and 32,500 tonnes in Haldia, said the two trade sources who wished to remain anonymous as they were not authorised to speak on the matter.

"There has been no other PCI Coal purchase by Tata Steel from Russia after the announcement," the spokesman said in an emailed statement to Reuters. Tata Steel was the only major steelmaker to announce it would stop doing business with Russia. Other Indian steelmakers have been importing bulk quantities of coal from Russia, trade data reviewed by Reuters showed.

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