Tag: Viag Port
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India: Portside South African RB3 prices rise to INR 15,000/t in Vizag
In a confirmed deal, 6,000 t of South African RB3 (4800 kcal/kg NAR) grade coal was sold at INR 15,000/t at Vizag Port. Sponge iron manufacturers continue to procure low-CV RB3 coal over mid-CV RB2 as the latter’s prices are as high as INR 17,200/t. Market participants expect imported South African prices to remain firm…