Tag: Sponge iron manufcaturers

Portside prices of South African RB3 (4800 kcal/kg NAR) coal continued their upward trajectory this week, climbing up to INR 16,000/t at Vizag Port, up INR 1,000/t w-o-w, as demand for low-CV coal remained strong from sponge iron manufacturers. Buyers, in fact, preferred making RB3 bookings over domestic coal as it incurred better realisation just…