Tag: 5500 NAR

South African RB2 (5500 NAR) grade coal portside prices continued their descent this week as rising COVID-led restrictions in the country disrupted demand from sponge iron sector across various regions. Due to limited bids, portside prices at key ports (except at Gangavaram) corrected by INR 100-200/t w-o-w basis, with buyers pinning hopes of further correction…