Tag: Portside RB2
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India: South African RB2 portside prices fall marginally on low buying interest
South African RB2 (5500 NAR) grade coal offers fell marginally on 19 May’21 averaging INR 7,550/t for recent stocks, while old stock trades have been heard at INR 7,200/t due to reduced demand from sponge iron manufacturers. Lockdown restrictions are in place in many states and any improvement in domestic demand is expected only by…