19
Jul
08:39
Coking coal plunges on weak demand
Australian fob coking coal plunged during the week ended 19 July amid weak demand.
Kallanish assessed premium hard coking coal at $218.69/tonne fob Australia, tumbling $34.73/t from $253.42/t fob the previous week.
On the Singapore Exchange, Premium Coking Coal Futures for August settled at $228/t fob on Friday, down $15/t from $243/t fob a week earlier.
According to traders, an Indian steel mill bought 40,000 tonnes of coking coal for loading between August an…
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Anonymous
Very good overview of the weekly steel market.
Anonymous