Steelmakers to Drive Coal Industry Deals to Gain Supply

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April 27 (Bloomberg) -- Bloomberg's Heidi Couch reports on China and India's growing demand for coking coal, a key ingredient used in steelmaking. Steelmakers globally will drive deals in the coal industry as they seek to secure supplies to meet rising demand, said Gujarat NRE Coking Coal Ltd. Chairman Arun Kumar Jagatramka on April 23. The company is the Australian unit of Gujarat NRE Coke Ltd., India’s biggest non-state-run producer of coking coal. (Source: Bloomberg)


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