13
Sep
10:36
Coking coal prices to slump as trade stabilises
Global coking coal prices have been surging in recent weeks, but are set for a sharp decline in the coming few years, notes Wood Mackenzie analyst Chris Bandman. This is despite the risk of long-term undersupply as new investments have dried up, Kallanish notes.
Premium Low-Vol hard coking coal prices could average $208/tonne fob Australia in 2024, from $261/t in 2023, Wood Mackenzie predicts. This could fall again to $179/t in 2025 and $166/t in 2026, when prices…
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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