Tag: RB3
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India: Portside South Africa RB3 prices remain firm amid post-monsoon demand hopes
Portside prices of low-CV South African coal remained firm at INR 13,700/t at Vizag Port this week as sponge iron manufacturers continued to close deals amid the expectation of higher finished steel demand for construction activity post-monsoon. Although, bulk procurement remained lower, small parcel deals continued to take place as DRI producers rebuild stockpiles. A…