Tag: South African Thermal Coal
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India: Portside prices of South African coal retreat amid increased domestic coal availability
Demand for South African thermal coal from Indian sponge iron players slowed down once again this week with portside prices retreating by INR 200-300/t w-o-w. The price for RB3 (4800 NAR) grade coal is currently assessed at INR 12,700-12,800/t ex-Gangavaram. While sponge iron prices rose by INR 900-1,200/t w-o-w and are currently assessed INR 31,000/t…