Category: Non Coking
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India: Portside South African thermal coal prices rise w-o-w as freight, global clues lift offers
Need-based buying persists despite improvement in sponge iron prices Inventories at ports remain largely stable South African thermal coal prices at Indian ports increased further as on 30 July after firmer international indices and higher freight rates pushed replacement costs higher. However, buying interest remained subdued, with most consumers restricting purchases to immediate requirements despite…