Tag: Sponge iron units

Portside trades in South African thermal coal slowed down as sponge iron manufacturers avoided taking any major bookings ahead of the Diwali festivities. Prices of low-CV South African RB3 (4800 kcal/kg NAR) grade were firm at INR 14,300/t at Vizag Port. No major trade was heard in the mid-CV RB2 (5500 kcal/kg NAR) category due…