03
Apr
15:30
Cyclone Iris threatens coking coal exports.
The seaborne coking coal market has been trending downwards but the threat of a supply disruption helped support prices on Tuesday. Cyclone Iris has already caused port closures and the market is watching what damage she will cause as she passes the Queensland coast over the next two days, Kallanish notes.
75,000 tonnes of hard coking coal sold on globalCOAL at $196/tonne fob Australia for May shipment on Tuesday. That was down from $204/t in a deal on 21 March.…
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Anonymous
Very good overview of the weekly steel market.
Anonymous