Author: Shivani Patil

FY-end, weak sponge iron demand weigh on prices Buyers prefer domestic coal amid stable supply South African thermal coal prices at Indian ports declined sharply w-o-w on 2 April 2026, weighed down by weak demand, rising inventories, and fresh cargo arrivals. As per BigMint’s assessment, exw-Paradip RB2 (5,500 NAR) dropped by INR 500/t w-o-w to…