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05 Aug
08:56

Coking coal prices increase as US supply dips

Seaborne coking coal prices have continued to increase in recent weeks alongside other steelmaking raw materials. Supply from Russia and other sources is increasing as US supply remains constrained, Kallanish notes. 75,000 tonnes of hard coking coal sold on the globalCOAL platform on Friday at $105.9/tonne fob Australia for September delivery. This compares with a deal at $100/t on the same platform on 25 July. While US coal firms have struggled with rec…
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