Tag: RB3 Portside
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India: South African RB3 coal portside prices rise on demand recovery, rupee depreciation
Portside prices of low-CV South African RB3 (4800 kcal/kg NAR) grade coal prices increased by INR 600/t w-o-w to INR 14,300/t at Vizag Port as sponge iron manufacturers continued making small-scale purchases. Meanwhile, import vessel booking remained limited amid volatile exchange rate. DRI producers are increasingly blending RB3 coal with high-CV Russian coal and Australian…