Tag: South Africa

India: S. African RB2 coal prices flat on weak demand from sponge iron units

Jun 25, 2021

—

by

Rituparna Ghosh

in Non Coking

Portside trade of South African RB2 (5,500 NAR) grade coal remained lacklustre this week as elevated prices dampened the buying interests of sponge iron manufacturers . A rise in RB1 (6,000 NAR) grade imported coal prices compelled traders to keep portside prices higher despite weak demand from buyers. Dull sentiments also spilled over into RB3…