KEY POINTS
- Coking coal is a key material in steel manufacturing and makes up more than half of India's imports
- Australia normally accounts for more than half of India's annual imports of around 70 million tonnes
- Australian coking coal prices jumped 50% to over $350 a metric ton last month
The number of coking coal cargoes reaching India from Russia are rising, as the South Asian country explores alternatives to its top supplier Australia.
