23
Jun
05:08
Major Chinese coking coal producers to reduce output
Several major Chinese coking coal producers are planning output reductions in the third quarter, according to Shanghai Securities. Currently coking coal and coke spot market prices are weakening due to high mill and social inventories, combined with the seasonal decline in steel demand, Kallanish notes.
Shanxi Coking Coal Group says they will retain the long-term contract price agreement they have signed with steel plants. In order to stabilise market prices in …
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Anonymous
Very good overview of the weekly steel market.
Anonymous