19
Apr
09:15
Coking coal rebounds amid geopolitical concern
Australian fob coking coal rebounded during the week ended 19 April as geopolitical tension raised market concern.
Kallanish assessed premium hard coking coal at $266.2/tonne fob Australia, rebounding $37.37/t from $228.83/t fob the previous week.
On the Singapore Exchange, Premium Coking Coal Futures for May settled at $271/t fob on Friday, surging $26/t from $245/t fob a week earlier.
According to traders, a trader sold 60,000t of mid-April US Oak Grove at $2…
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Anonymous
Very good overview of the weekly steel market.
Anonymous