Russia and India in talks over tricky coking coal supply issues

A bucket loads coking coal from the yard at a coke and gas plant near Moscow, Russia. Picture: BLOOMBERG/ANDREY RUDAKOV

Imports make up about 85% of India’s overall coking coal needs, which total about 55-million tonnes a year, and New Delhi last year signed a deal to import from Russia. But complications with processing of payments and logistics as a result of sanctions against Russia mean steel mills are opting for alternative sources such as Australia and the US, pushing up prices in the process.

Russian trade officials expressed concerns during the meeting over the sanctions imposed by the West and asked India to move forward with last year’s deal, the sources said.

What the hell is going on! 😂😂😂 Neoliberal values on full display: be a hypocrite as much as you can be & utter the words like Fascist, tyranny, democracy totalitarian 😂😂😂 Still EU is buying 1 billion worth of oil and Gas every day & now this :

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