Tag: DRI producers
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India: Thermal coal imports from Russia set to plunge 50% in Oct amid inventory build-up
India’s thermal coal imports from Russia are set to decline for the second-straight month in October to around 0.73 million tonnes (mnt), down by 51% m-o-m, according to provisional numbers compiled by CoalMint. The decline can be attributed to the fact that major end-users like sponge iron and cement manufacturers and brick kilns have amassed…