Indian captive power plants running at half capacity due to coal shortage
The Indian Captive Power Producers Association denounced that most of its member companies are getting half of the coal they need from state-owned Coal India.
The chief executive of POSCO, the world's No.3 steelmaker, said it would be difficult to raise steel prices enough to cover rising raw materials costs stemming from flooding in Australia, which has affected coal mines, rail links and ports.
IT IS little comfort for those who have lost everything but Queensland’s floods could provide some economic growth as communities rebuild, households […]