Tag: Russia tension

India: Portside RB2 coal offers stable as weak buying interest offsets steep import prices

Apr 15, 2022

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by

Rituparna Ghosh

in Non Coking

Despite the rise in imported South African coal prices this week, portside offers of RB2 (5500 kcal/kg NAR) grade coal remained firm at INR 21,000-22,000/t at Gangavaram Port amid tepid demand by sponge iron manufacturers. Limited scope of procuring RB2 coal at current elevated price levels continued to result in weak trading activity this week.…