Category: Non Coking
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India: Washed coal prices rise by INR 550/t w-o-w as ROM coal supply tightens
ROM availability remains constrained amid monsoon disruptions Sponge iron prices strengthen despite cautious buying Washed coal prices increased sharply this week as tighter run-of-mine (ROM) coal availability and higher domestic coal replacement costs supported offers. BigMint assessed 38-39% FC (5,000 GCV) washed coal FOR Raipur at INR 7,600/t, up INR 550/t w-o-w. Washeries continued to…