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BHP expects Indian steel industry's boom to boost its coal business

Around 40% of BHP's metallurgical coal, used by steel mills and known as coking coal, is now heading to India, chief commercial officer Vandita Pant told FT

BHP
Reuters
1 min read Last Updated : Jul 31 2023 | 8:32 AM IST

BHP Group expects the rampant expansion of India's steel industry to boost its coal business significantly, Chief Commercial Officer Vandita Pant told the Financial Times on Monday.

Around 40% of BHP's metallurgical coal, used by steel mills and known as coking coal, is now heading to India, she said.

 

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Topics :coal industrySteel IndustryCoal minesSteel producers

First Published: Jul 31 2023 | 6:57 AM IST

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