25
Nov
11:30
Coking coal extends losses as demand remains weak
Seaborne coking coal continued to slide last week as fundamental demand remains weak. However, buyers have returned to the market at lower prices.
Kallanish assessed premium hard coking coal at $245.56/tonne fob Australia, down $37.04/t from $282.6/t the previous week.
On the Singapore Exchange, Premium Coking Coal Futures for December settled at $254.67/t fob on Friday, down $5/t from $259.67/t fob a week earlier.
According to a trader, 75,000 tonnes of BH…
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Anonymous
Very good overview of the weekly steel market.
Anonymous