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Demand for South African thermal coal up after price correction

South African thermal coal is becoming a more attractive option to traders and buyers as prices for all grades ease from record highs in July, sources told S&P Global Platts. Platts FOB Richards Bay 5,500 kcal/kg NAR price was assessed ...

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Steel-makers seen adding 20 mt in 4 years via brownfield route

Riding on strong demand outlook, the steel industry is likely to witness close to 20 million tonne (mt) capacity addition, mostly through brownfield expansion, over the next four-to-five years. The country’s installed capacity at present is close to 133 mt, ...

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