Author: Aditi Tiwari
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India: South African RB3 coal portside prices largely unchanged amidst low demand
Portside prices of South African low-CV RB3 (4800 kcal/kg NAR) grade coal continued to remain stable with trades being heard at INR 13,000-13,300/t levels at Vizag Port. Sponge iron manufacturers were heard making small-scale bookings as international prices were largely unchanged on a weekly basis, and also due to accumulated stocks that would last till…