Tag: Portside RB2
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Imported South African coal prices edge lower amid weak Indian demand; RB3 bookings gain
South African coal demand from its key buyer, India, has eased considerably following a sharp decline in domestic steel prices after the government imposed a 15% export duty on steel. While high-calorific value (CV) RB1 (6000 kcal/kg NAR) grade coal bookings are being made for the European markets, prices of low-CV RB3 (4800 kcal/kg NAR)…