04
Nov
12:51
Coking coal prices remain strong on undersupply
Coking coal prices have continued to increase, with seaborne coking coal trading on globalCOAL on Thursday last week at $269/tonne fob Australia for December shipment, Kallanish notes.
Zeng Hao, the price centre director of Shanxi Fenwei Energy Co., says there was an undersupply of around 2.18 million tonnes in November, and December would still have a 440,000t gap. There is no way to balance supply and demand until Q1 2017, he added while speaking at …
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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