13
Jan
12:45
New Colombia Resources bags major coking coal contract
South American miner New Colombia Resources (NCR) has won a contract from US-based trader American Steel Industries (ASI) for coking coal for China, Kallanish learns from local media sources. According to a statement from NCR, the contract value is $90 million.
The miner will make the first shipment of 60,000 tonnes under the contract to South China in April. The balance of 440,000t will be shipped in monthly cargoes of either 40,000t or 60000t for the remainder…
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Anonymous
Very good overview of the weekly steel market.
Anonymous