Author: Rituparna Ghosh
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India: South African RB2 coal price stands at INR 8,850/t ex-Gangavaram
In three confirmed deals for about 38,000 t, South African RB2 grade coal was sold at an average price of INR 8,850/t ex-Gangavaram on 10 Aug’21, while offers from a few direct importers stood higher at INR 9,300/t. Demand for RB2 coal is gathering pace amid the pickup in sponge iron and billet demand. Depleting…