Tag: South African

Amid scant enquiries from sponge iron manufacturers and incapacity of traders to hold stocks long term, 4,000 tonnes (t) of South African RB2 (5,500 NAR) grade coal was heard to have been sold at INR 7,850/t ex-Gangavaram on 7 Jul’21. Offers from direct importers remained firm at INR 8,400-8,500/t ex-Gangavaram and Vizag. Demand from the…