20
Jan
11:25
Coking coal trades continue declining price trend
Coking coal prices are continuing their gradual descent, trades on globalCOAL suggest. With Chinese steel output low and international prices struggling to compete, the trend is likely to continue, Kallanish notes.
75,000 tonnes of branded hard coking coal traded on globalCOAL at $76.05/t fob Australia for February shipment on Wednesday, down from a similar deal for January at $77.5/t made in December. 40,000t of non-branded product also traded at $74.50/t, comp…
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Anonymous
Very good overview of the weekly steel market.
Anonymous