Interesting article in the Australian
http://www.theaustralian.news.com.au/business/story/0,28124,25332848-643,00.html
Sumitomo of Japan is considering a US$3 billion joint venture with Bhushan in a new steel mill in India, to commence production in 2015.
There has been collaboration between them since the late 1990s on a new blast furnace to go into production in 2010.
So it seems Bhushan is likely to have a healthy appetite for coking coal for the foreseeable future.
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bhagwan marine limited
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