India said to consider imports of Mongolian coking coal via Russia
Mongolian coking coal by way of Russia, a senior government official with direct knowledge of the matter said, as New Delhi seeks to avoid over-reliance on transit through China.
Mills in India, the world's second-biggest producer of crude steel, grappled with volatile Australian supplies of coking coal last year, and the government sent delegations to Mongolia in an effort to diversify sources of the fuel.
Despite a longer route, Indian steel companies will now consider importing Mongolian coking coal by way of Russia, said the official, who spoke on condition of anonymity, as the deliberations are not public.
«There are strategic issues about sourcing via China, and the route is much longer if it has to come from Russia,» the source said.
India's steel ministry did not immediately reply to an email from Reuters to seek comment.
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