Tag: RB2 portside
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India: Sponge iron manufacturers eyeing Russian coal as replacement for costlier South African imports
Increased availability of cheaper Russian coal coupled with its compatibility in sponge-making has nudged Indian domestic DRI producers to think of replacing their traditional choice, South African coal, with Russian supplies. According to market participants, the specifications of Russian coal coming into India are suitable for sponge iron units and also quite economical. While South…