23
Dec
11:02
Coking coal continues to trade down into Q1
Seaborne coking coal prices remain subdued, platform trades suggest. Chinese prices have also continued to trend downward following recent deals for quarterly contracts, Kallanish notes.
70,000 tonnes of branded hard coking coal traded on globalCOAL at $77.5/tonne fob Australia on Wednesday for January shipment. Branded coal last traded on the platform at $77.25/t on 3 December. Prime coking coal in China’s Yinchuan meanwhile dropped to $71/t last week fro…
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Anonymous
Very good overview of the weekly steel market.
Anonymous