06
Oct
01:47
Coking coal continues to surge on tight supply
Australian fob coking coal prices continued to surge during the week ended 6 October as tight supply remains a concern.
Kallanish assessed premium hard coking coal at $358.12/tonne fob Australia, surging $22.58/t from $335.54/t fob the previous week.
On the Singapore Exchange, Premium Coking Coal Futures for November settled at $354.33/t fob on Friday. This was versus the October settlement price of $329/t fob a week earlier.
According to traders, a trader sold …
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Anonymous
Very good overview of the weekly steel market.
Anonymous