Top aluminium and steelmakers witness a rise in thermal coal stock, secondary players still under pressure - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Top aluminium and steelmakers witness a rise in thermal coal stock, secondary players still under pressure

“In between, there was a period where we were really worried. Stocks were low; it came down to 4-5 days for us, but now things have improved,” said T.V.Narendran, Tata Steel’s managing director. While Tata Steel also imports thermal coal from countries such as South Africa, Narendran said that the company went lean on stocks during the month of October.

from Industry-Economic Times
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