Tag: South Africa

India: Falling imported prices, weak buying interest pull down SA RB2 prices by INR 700/t w-o-w

Nov 18, 2021

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by

Rituparna Ghosh

in Non Coking

Portside prices of South African (SA) RB2 (5500 NAR) grade fell by INR 700/t this week amid declining imported coal prices, and sluggish buying interest from sponge iron manufacturers. However, limited coal stock at major ports prevented a sharp fall. RB2 portside trade prices for the current week Port Nov’21 W2 As on 18 Nov’21…