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16 Feb
04:04

China considers resuming coal mining working days restriction

China’s National Development and Reform Commission (NDRC) is considering resuming the 276 working days restriction for coal mining from mid-March, according to Futures Daily. The restrictions, alongside other factors like freezing weather and new haulage rules,caused coking coal prices to soar in H2 2016, boosting steelmaking costs, Kallanish notes. Futures markets reacted positively to the news, with the main coking coal contract on the Dalian Commodity E…
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