26
May
05:06
Oluma Resources sees European coking coal demand recovering
US-based coal miner Oluma Resources sees coking coal demand in Europe slowly recovering. However, vast stockpiles of coking coal and coke have delayed new purchases.
Oluma managing partner and chief commercial officer Ted O'Brien said at last week’s Singapore Coking Coal Conference attended by Kallanish that he sees destocking well underway in the region, and restocking accelerating into the second half of 2023.
However, the region has yet to see …
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Very good overview of the weekly steel market.
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