25
Aug
12:25
Coking coal tops $200/tonne
China’s buoyant steel prices and increasing blast furnace output are driving up coking coal prices back over $200/tonne. It remains to be seen how this will play out over the winter however, Kallanish notes.
A 70,000 tonne cargo of branded hard coking coal traded on globalCOAL on Friday at $207.50/t fob Australia for September shipment. That was up from a deal at $196/t fob on Tuesday 22 August. On the Dalian Commodity Exchange the January 2018 coking coal…
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Anonymous
Very good overview of the weekly steel market.
Anonymous