Tag: Sporng iron units

India: South African RB3 coal sold at INR 15,500/t at Mangalore Port

Jun 9, 2022

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by

Rituparna Ghosh

in Non Coking

Amid elevated South African RB2 (5500 kcal/kg NAR) coal prices, sponge iron manufacturers continued to procure RB3 (4800 kcal/kg NAR) coal, with 1,000 t heard sold at INR 15,000/t at Mangalore Port. RB3 CFR prices were heard at around $180-190/t for Jun’22 delivery. Offers for RB2 coal were higher at INR 18,500-19,000/t, as the uncertainty…