Tag: South Africa
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India: RB2 portside rates ease further by INR 1,800/t w-o-w on falling imported prices
Portside prices of South African (SA) RB2 (5500 NAR) grade corrected further by INR 1,700/t across key ports this week as the declining trajectory of imported coal prices continued. Demand from sponge iron manufacturers also remained limited as they avoided making any major bookings in anticipation of prices falling further in the upcoming days. RB2…