Tag: South African thermal coal market in India
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India: Portside South African coal market remains dull amid weak demand
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…