Coal and Iron Pile Up in South Africa on Rail Constraints

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Coal and Iron Pile Up in South Africa on Rail Constraints

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Coal and Iron Pile Up in South Africa on Rail Constraints
The continent’s top iron ore producer said its premium steelmaking material is being held up at mines in South Africa’s Northern Cape province because of rail bottlenecks, which may force it to slow output as stockpiles rise. The logistical issues are also affecting the movement of coal, which contributed to prices hitting a record high... The nation’s railway has been plagued this year by a lack of capacity by state-owned Transnet SOC Ltd., maintenance work and other problems... The rail challenges include equipment breakdowns, canceled trains and shipping delays...
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