Tag: South African coal market

Falling sponge iron prices weigh on demand Prices may continue to face downward pressure South African portside thermal coal offers in India remained largely unchanged w-o-w, with RB2 (5500 NAR) assessed at INR 8,200/t and RB3 (4800 NAR) at INR 7,100/t across Paradip, Vizag, and Gangavaram. The market remained subdued, with traders diverting cargoes to…