Coal shipments to India rose 10% y/y
NewsBetween January and August, India’s coal shipments rose 10% y/y, driven by strong electricity demand, but hydropower recovery may reduce future coal demand.
Shenhua Coal Trading Co, established only 10 years ago and now the number one in the Chinese coal market, recently placed an order for six Eriez Suspended Superconducting Electromagnets (SSE) worth approximately US$5 mill – one of the biggest single orders in Eriez’s history.
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