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13 Oct
14:09

Australia seeks Chinese confirmation of coal import ban

After receiving the news that Chinese Customs officials have banned the import of Australian coal, Australian officials are actively contacting Chinese authorities to obtain final confirmation. However, the restrictions were only issued orally, leaving the market and Australian authorities without an official policy to react to, Kallanish notes. Market participants say that China has notified several state-owned steel producers and power plants that they shou…
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