Tag: RB2 portside
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India: South African RB3 coal sold at INR 17,600/t at Gangavaram
In a confirmed deal, 15,000 t of South African RB3 (4800 kcal/kg NAR) grade coal was sold at INR 17,600/t, while RB2 (5500 kcal/kg NAR) grade coal offers rose to INR 21,000/t following the rise in South African coal index. Bids from sponge iron manufacturers, however, were largely limited to RB3 coal as declining domestic…