Tag: India portside prices
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India: Portside South African coal prices under pressure on falling sponge iron prices
Sponge iron prices continue to drop Thermal coal port stocks inch up w-o-w BigMint’s assessment for South African coal, RB2, portside prices remained stable w-o-w at INR 9,650/t ex Gangavaram. Prices of RB3 (4800 GAR) at Gangavaram and and Vizag ports were recorded at INR 7,700-7,750/t, unchanged w-o-w. Buying inquiries from India remained weak during…