High global coal prices dampen imports Cement, steel plants face acute shortage Power shortage seen in several regions Several non-power sectors in Pakistan, including cement and steel plants, are either operating at significantly reduced capacities or shutting down plants on a temporary basis as imported coal prices remain elevated amid bleak domestic output, market sources told S&P Global Commodity Insights. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Besides, power plants have also been running at lower capacities due to short coal supply and higher prices across all other alternative markets. Pakistan, which imports nearly 70% of its thermal coal from South Africa, has not been able to do so in the last few months as prices have remained out of bounds due to civil unrest in the country late last year and transportation issues. The situation was further aggravated this year as European […]