Tag: South Africa

Portside trade of South African RB2 (5,500 NAR) grade coal remained largely muted today as offers stayed firm at INR 8,000/t, ex-Gangavaram. Sponge iron manufacturers are largely keeping on the sidelines, opting for cheaper domestic coal instead. Lack of trading for imported coal has resulted in a rise in portside thermal coal stocks at Gangavaram.…