Author: Shivani Patil
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India: South African coal trade slows further amid weak sponge demand
Requirement-based procurement by buyers Bid-offer disparity widened further South African thermal coal sentiment at Indian ports remained subdued as on 21 May 2026 amid weak sponge iron demand, comfortable domestic coal availability pressuring imported coal trade. Although global coal indices and freight rates stayed firm, actual market activity remained extremely slow with very limited enquiries…