Tag: RB1 FOB

India: South African RB2 coal sold at INR 21,000/t at Visakhapatnam Port

Apr 13, 2022

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by

Rituparna Ghosh

in Non Coking

Amid limited enquiries from sponge iron manufacturers, 2000 t of South African RB2 (5500 kcal/kg NAR) coal was sold at INR 21,000/t at Visakhapatnam Port. Despite rising imported coal prices, limited demand from the sponge sector has compelled traders to keep portside prices within a tight range. Amid strong demand from European buyers, South African…