On the back of rise in global coking coal prices, two of the coking coal producing subsidiaries of Coal India, Bharat Coking Coal (BCCL) and Central Coalfield (CCL), have increased prices. BCCL has increased coking coal prices by ~20% over the current price while prices of steel grade and direct feed coal have been linked to price of washed coking coal fixed on import parity price. The increase in price was done by subsuming the washery recovery charge, which was being charged separately. CCL also increased coking coal prices wherein the increase in price was done by...