06
Oct
20:31
China drives coal prices, Covid-19 impact fades: Truman
Record high coking coal prices are driven by a “unique” situation in China following last year’s ban on Australian coal imports, while the impact of Covid-19 on the market has become minimal, according to Wood Mackenzie global metallurgical coal director Jim Truman.
Coking coal peaked at around $410/tonne fob Australia before dropping in recent days.
“No one saw a complete Australian ban coming when it did,” Truman said at this …
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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