08
Sep
14:14
Coking coal trades at desperately high prices
Seaborne coking coal has increased in price strongly this year but recent public trades on the globalCOAL platform are approaching double contract prices. These may not be representative however as these small high-priced volumes are far ahead of even other spot price information, Kallanish notes.
A 75,000 tonne cargo on globalCOAL traded on Thursday at $190/t fob Australia for unbranded hard coking coal for October shipment. That compares with a branded cargo a…
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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