03
Sep
14:39
China's hot coal market sees government intervention
The Chinese coal market has leapt higher in recent weeks. Supply shortages have led market participants to believe coal and coke prices will remain high in the second half of the year, Kallanish notes.
On the Dalian Commodity Exchange, the January 2022 coke contract closed down CNY 22.5/t from Thursday but up CNY 172/t on-week at CNY 3,336.5/t ($516/t). The same contract for coking coal closed at CNY 2,615/t, down CNY 54/t from Thursday but up CNY 9…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous