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06 Feb
12:23

Coking coal slides further after holiday

Seaborne coking coal and Chinese coke prices have both come down significantly from their highs at the end of last year. The slump in ferrous futures prices over the last few days, meanwhile, is further undermining the market, Kallanish notes. 45,000 tonnes of hard coking coal traded on the globalCOAL screen on Monday at $169/t fob Australia for March shipment. The screen last saw a deal concluded in early January at $184.5/t for a branded hard coking …
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