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13 Nov
00:00

Czech miner sees no coking coal market improvement in 2015

Czech coal miner New World Resources (NWR) expects no significant coking coal price movements in 2015, while overall coal production that year is seen at 7.5-8 million tonnes, Kallanish learns from the company. This would be a decline from the 8.75mt of output expected this year, of which 55-60% is to comprise coking coal. The average price for coking coal deliveries in the fourth quarter was agreed at €85/tonne ($106/t) ex-works, up 4% on the previous …
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