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11 Apr
12:30

Coking coal gains continue

Seaborne coking coal prices have continued to increase over the last week, bolstered by strong Chinese steel and iron ore prices. Deals on GlobalCoal have also been picking up in frequency as prices move more quickly again, Kallanish notes. 75,000 tonnes of branded hard coking coal traded on GlobalCoal on Monday morning at $92.50/t fob Australia for June shipment, up from a deal at $86.50/t fob in mid-March. 75,000t of non-branded HCCA also sold at $89…
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