25
Apr
11:46
Coking coal surge continues despite commodity clampdown
Seaborne coking coal and Chinese coke prices have continued to increase on the back of higher steel and steelmaking raw materials prices. Prices have also been fuelled by aggressive speculation in Chinese commodities which may be coming to an end, Kallanish notes.
On the GlobalCoal trading platform on Monday, 80,000 tonnes of branded hard coking coal sold at $102/tonne fob Australia for June delivery. That compares with $98.9/t on 21 April. 75,000t of …
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous