Indian steelmaker Tata Steel Ltd. has not bought any Russian coal since severing business ties with Moscow amid the war in Ukraine, a spokesman said.
Tata Group said on April 20 that it would stop doing business with Russia. To ensure business continuity, all of its steel plants in India, the United Kingdom and the Netherlands have procured alternative supplies of raw materials to end their dependence on Russia.
“Tata Steel wants to clarify the misinformation that is being spread in some parts of the media regarding the purchase / import of coal from Russia,” the spokesman said.
The deal to supply 75,000 tonnes of PCI coal was finalized in March 2022 and the contract entered into force weeks before the announcement of Tata Steel Ltd. in April. The shipment was received in May 2022 to fulfill the business commitment made before the announcement.
“By publishing the announcement, Tata Steel has not made a new purchase of PCI coal from Russia. As a responsible company, we are and will continue to remain committed to our stated position and the resulting obligations, “said the spokesman.
Powdered coal is used by steelmakers in blast furnaces as an auxiliary fuel. The spraying of pulverized coal is a process that involves the injection of large volumes of fine coal particles into the blast furnace channel.