Cyclone Debbie down under to hit Indian steel prices
Thursday, April 13, 2017, 5:26 PM
Cyclone Debbie’s disruption led to higher coking coal prices. This in turn will affect Indian steel manufacturing said Care Rating in its recent report. The cyclone disrupted major mines and ports in Australia towards the end of March 2017. It has pushed up prices of coking coal as it distorted coking coal exports from Australia.