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03 Dec
10:42

Coking coal trades fall

Coking coal prices are trading downwards as winter impact operations at coking plants in northern China and steel production cutbacks impact final demand. With steel demand and production expected to be weak again in 2016, it is possible some coking plants will not be restarting in the spring, Kallanish notes. A 75,000 tonne cargo of branded coking coal traded at $77.25/t fob Australia on globalCOAL for January shipment on Thursday. The deal was down from one at…
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