15
Dec
08:27
Coking coal plunges after recent gain
Australian fob coking coal prices tumbled during the week ended 15 December as weak steel mill margins pressured values.
Kallanish assessed premium hard coking coal at $304.87/tonne fob Australia, plunging $27.88/t from $332.75/t fob the previous week.
On the Singapore Exchange, Premium Coking Coal Futures for January settled at $324/t fob on Friday, down $3/t from $327/t fob a weak earlier.
A Singapore-based trader reveals that India-based JSW Steel sold 75,000…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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