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08 Feb
18:54

Arch Coal sees moderating met coal market ahead

The surge in metallurgical coal prices in late 2016 is expected to moderate this year as producers bring additional capacity online and top-line world steel growth moderates, according to US met and thermal coal producer Arch Coal. High-vol A coking coal prices rose 130% in late 2016 due to “... production restrictions in China and the impact of a multi-year period of reduced global investment and supply rationalisation,” the company writes in its fi…
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