Australian fob coking coal prices dived last week amid selling pressure due to more supply and less demand.
Kallanish assessed premium hard coking coal at $229.28/tonne fob Australia, slumping $30.52/t from $259.80/t the previous week.
On the Singapore Exchange, Premium Coking Coal Futures for May settled at $234.67/t on Friday, plunging $17.33/t from $252/t fob a week earlier.
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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.
Very good overview of the weekly steel market.