Tag: RB3 4800 NAR

India: South African RB3 coal sold at $150/t CIF Ennore Port

Jun 17, 2022

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by

Rituparna Ghosh

in Non Coking

In a confirmed deal, 30,000 t of South African RB3 (4800 kcal/kg NAR) coal was sold at $150/t CIF Ennore Port for early Jul’22 arrival. Amid weak domestic steel prices, Indian sponge iron manufacturers are procuring limited cargoes. While offers for RB2 (5500 kcal/kg NAR) coal are higher at $230/t CIF, demand for low-CV RB3…