Tag: RB2 portisde
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India: South African RB2 portside coal trade takes a hit due to preference for lower grade
Even as alternative coal blends are ruling the roost for domestic sponge iron manufacturing, portside trades of South African RB2 coal declined sharply, as buyers preferred low-CV RB3 bookings due to relatively cheaper cost. Mid-CV RB2 (5500 kcal/kg NAR) grade, which has been the most preferable and popular for DRI production, has become less attractive…