JSW Steel Ltd will import 5 million tonnes of coking coal in FY10 at an average price of $100 a tonne, a top official said on Tuesday.
"We will import 5 million tonnes of coking coal... the average (price) is about $100," Managing Director Sajjan Jindal told reporters on the sidelines of a conference.
Last year the company imported 3 million tonnes of coking coal, he said.
It also expects iron ore purchases from NMDC to be 33 percent cheaper this fiscal, he said.
JSW Steel, India's No. 3 producer, which has an annual capacity of 7.8 million tonnes, expects production to rise 72 percent this fiscal.
Source: Reuters
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