Tag: Portside RB3
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India: RB2 portside trade reduces amid bid-offer mismatches, buyers opt for RB3 coal
Portside trade deals for South African RB2 (5500 kcal/kg NAR) grade coal at Indian ports have reduced dramatically as buyers continue to quote lower rates while sellers are adamant on offering higher at INR 22,500-23,000/t, ex-Vizag. Indian sponge iron manufacturers, who had largely kept to the sidelines, are back but procuring RB3 (4800 kcal/kg NAR)…