Author: Rituparna Ghosh

Portside prices of South African RB2 (5500 NAR) coal have been assessed at INR 9,250/t ex-Mangalore, as demand from sponge iron units in the southern ports picked up by INR 450/t w-o-w. Low availability of domestic coal in and around the southern belt has compelled sponge iron units in that region to procure imported coal…