Australian fob coking coal prices rose marginally during the week ended 16 June due to improved steel prices.

Kallanish assessed premium hard coking coal at $230.98/tonne fob Australia, up $3.22/t from $227.76/t fob the previous week.

On the Singapore Exchange, Premium Coking Coal Futures for July settled at $227/t fob …

There was no pig iron trading activity from the Black/Baltic Seas during the last ten days, with buyers in large consumer markets Turkey and Italy remaining quiet, sitting on sufficient stocks. Their low bids remained unmatched by Russian suppliers.

In Turkey, despite firm imported scrap values and expectations for the …

The European Commission issued a statement to the WTO at the end of last week confirming the decision to extend the safeguard measures in place until the end of June 2024.
A review of the measures was initiated at the end of 2022.
After careful consideration, the EC noted that …

The new Carbon Border Adjustment Mechanism (CBAM) legislation has officially been approved and published, giving the go ahead for the implementation of the first transitional phase from October.

During the first transitional phase, importers of steel products in Europe will need to implement a system to report to authorities imports …