Tag: 500 t sponge iron

Portside trades in South African thermal coal continued to remain weak as sponge iron manufacturers avoided taking positions during festive holidays. The majority of DRI units across Raipur and the eastern zone were temporarily shut. Tight availability of South African coal at domestic ports, however, lifted low-CV RB3 (4800 kcal/kg NAR) prices by INR 300/t…