Tag: South Africa
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South African thermal coal export shipments to India rise 37% in Feb as buyers rebuild inventory
South African thermal coal shipments to its top export destination, India, witnessed a whopping 37% m-o-m rise to 3.1 mnt in Feb’22, CoalMint’s vessel line-up data revealed. The rise came as limited portside inventory compelled traders to accumulate stock as sponge iron manufacturers kept making advance bookings amid weak coal stock at plants. South African…