Tag: RB2 portside

Amidst lack of enquiries from sponge iron manufacturers, 2,000 t of South African RB2 (5500 NAR) grade coal was sold at INR 13,000/t at Gangavaram. Demand for imported coal continues to remain subdued as buyers pin hopes on prices correcting further. However, traders are refraining from lowering offers due to the recent rise in RB1…