Author: Rituparna Ghosh
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India: South African RB2 coal sold at INR 9,200/t at Gangavaram
CoalMint confirmed a deal for 2,000 t of South African RB2 (5500 NAR) grade coal being sold at INR 9,200/t ex-Gangavaram, while a few offers were heard at INR 9,000/t. Following deals getting concluded at even INR 9,400/t, Indian sponge iron units grew reluctant to accept high prices for RB2, forcing a few traders to…