Tag: South Africa

India: Limited stock, rise in import prices drive up portside RB2 prices by INR 2,000/t w-o-w

Nov 25, 2021

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by

Rituparna Ghosh

in Non Coking

Portside prices of South African (SA) RB2 (5500 NAR) grade rebounded by INR 2,000/tonne (t) this week amid a sharp rise in South African thermal coal index, and limited coal stock at major ports. Thermal coal stock at RBCT Port is assessed at a record low of 2 million tonnes (mn t). Sponge iron manufacturers…