26
Jul
07:07
China’s coke production cuts suppress coking coal prices
With major Chinese coking companies cutting production amid falling prices, coking coal prices were dragged down last Thursday to the lowest level since mid-December. This has been followed by a negligible rebound so far this week, Kallanish notes.
On the Dalian Commodity Exchange, the September contract for coking coal futures closed CNY 21.5/tonne higher than Monday at CNY 1,977.5/t ($293/t), and was down 17.3% on-month. The same contract for coke stopped a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous