Tag: Ex-Gangavaram
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India: South African RB2 grade thermal coal faces tough competition from domestic coal
The portside prices of South African thermal coal in India continues to remain low and static amid reduced demand especially from the sponge sector. The sponge manufacturers especially based out of Raipur region in the State of Chhattisgarh (a major steel hub) are preferring domestic coal over the imported coal available at ports, as the…