Iran is offering anthracite coal to Ukrainian and Indian buyers for the first time due to a fall in demand domestically, traders said.
Until now Iran has not exported its high energy content, low volatility anthracite but used it internally in steel production, they said. “We have been offered Iranian material. It’s anthracite with a high calorific value but it has met coal properties so could be used for steel. But for India it doesn’t make economic sense,” one Indian trader said.
Ukrainian steel mills are more keen on the Iranian material because the Russian coking coal on which they partly depend has risen sharply in price and is in tight supply, due to the recovery in Russia’s own steel output.
Source: The Peninsula, Qatar
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