01
Feb
14:34
Coking coal holds ground after recent declines
Seaborne coking coal prices have remained firmly close to $220/tonne despite the recent slide in iron ore prices. Chinese coking coal futures have fluctuated around CNY 1,300/t ($206/t) since the start of the year, Kallanish notes.
75,000 tonnes of hard coking coal traded on globalCOAL on Thursday at $220/t fob Australia for March shipment. That followed a trade at $215/t on 30 January for February shipment. Prior to that however hard coking coal traded at $259/…
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Anonymous
Very good overview of the weekly steel market.
Anonymous