29
Feb
09:00
Indian DRI plants increase competitive domestic coal use
Demand for Indian domestic thermal coal has risen in preference to South African coal, which is commonly utilised as a key input material in the direct reduced iron industry, notes Kallanish.
This shift is being driven by the competitive pricing of domestic coal compared to imported alternatives.
Popular grades of South African coal, like RB2 (5,500 kcal/kg NAR, FC 52-53%) and RB3 (4,800 kcal/kg NAR, FC 46-48%), are priced at around INR 8,700-8,800/t ($105-106/t)…
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Anonymous
Very good overview of the weekly steel market.
Anonymous