07
Aug
20:25
Coking coal prices rebound on Indian optimism
Seaborne coking coal prices recovered over last week, wiping out some of their recent declines. Optimism over future Indian demand is supporting prices, but weak steel markets remain a threat to the rebound.
Kallanish assessed premium hard coking coal at $204.82/tonne fob Australia, up $13.06/t week-on-week. Four BHP cargos drove the market last week. Late on 2 August the miner sold 85,000 tonnes of coal with a laycan in 1-20 September. It was a combination of bra…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous