Tag: RB2

Indian sellers hopeful of rise in RB2 coal portside prices in the days ahead

Jul 26, 2021

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by

Rituparna Ghosh

in Non Coking

Despite limited trades of South African RB2 (5,500 NAR) grade coal over the last few weeks, portside offers at Gangavaram port remained higher in the range of INR 8,600-8,800/t. Direct importers are refraining from reducing RB2 offers on the expectation that sponge iron manufacturers would have to accept high offers in the coming days as…