Tag: South Africa 5500 NAR

South African RB2 (5500 NAR) coal portside prices have been unchanged at INR 5,500/t (ex-Gangavaram) for almost a month, with scant buying interest despite sponge iron prices rising by 15% during the same period. However, improved domestic supplies and key buyers refusing to accept higher offers led to an impasse in portside trade. CoalMint spoke…