Tag: Russia-Ukraine tension
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India: Portside RB2 offers rise as fresh EU sanctions on Russia lift imported coal prices
A sharp rise in imported South African coal prices this week again lifted portside offers for the RB2 (5500 NAR) grade by INR 1,500/tonne (t) to INR 21,000-22,500/t at Gangavaram. However, bids continued to remain elusive from sponge iron manufacturers as they remained on the sidelines. However, a few deals were heard clinched at INR…