Tag: South African thermal coal prices in India
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India: Imported South African thermal coal prices remain unchanged amid low demand, slump in DRI market
India’s portside prices for South African thermal coal remained largely unchanged this week due to subdued buying interest. RB2 (5500 NAR) prices hovered at INR 8,800/tonne (t), while RB3 (4800 NAR) prices stayed steady at INR 7,300/t, both ex-Gangavaram. Sluggish demand from sponge iron manufacturers, several of whom are cutting or halting production, continues to…