24
May
09:06
Coking coal inches higher on China stimulus
Australian fob coking coal rose during the week ended 24 May as China's stimulus plan boosted market sentiment.
Kallanish assessed premium hard coking coal at $251.02/tonne fob Australia, up $3.8/t from $247.22/t fob the previous week.
On the Singapore Exchange, Premium Coking Coal Futures for June settled at $252/t fob on Friday, rising $9/t from $243/t fob a week earlier.
According to traders, a deal was heard done on Tuesday at $248/t fob for …
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Anonymous
Very good overview of the weekly steel market.
Anonymous