23
Nov
10:29
Coking coal flat but UBS cut ratings
Seaborne coking coal prices have remained subdued, the latest open trade suggests. Analysts at UBS are typical of the bearish mood pervading commodities, and have been cutting the ratings of coal miners, Kallanish notes.
75,000 tonnes of branded hard coking coal sold on Monday on GlobalCoal at $77.5/tonne fob Australia for January shipment. A branded cargo last sold on the platform at $77/t two weeks ago. Chinese coking coal prices have been flat over …
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Anonymous
Very good overview of the weekly steel market.
Anonymous